MQG 2.22% $183.83 macquarie group limited

>any reputation damage is fleeting as well. 24 hour news cycle...

  1. 194 Posts.
    lightbulb Created with Sketch. 14
    >any reputation damage is fleeting as well. 24 hour news cycle and market moves on.

    maybe the trading market will forget.
    the business customers won't forget, they tend to have a longer memory.
    This will translate into a higher cost of doing business with McQuarie even if they remove the offending board members and executives.

    but eh, other banks have their scandals and adverse rulings, it might well be forgotten as silverdonut mentions.
 
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