Fundamentally, if a system is in place in which bonuses go to the C officers for good performance, they are the ones responsible for the banks actions.
The flip side is also true.
Long term, all this means nothing, the big 4 are burrowed so deep into the super system that fines large enough to make them learn would make the populus furious at their super results. But a fine of $0.5-2.0b will be charged to make it look like they paid some cost. Long term, weak enforcement costs drops faith in government and regulator but the current crop either don't care, or ideologically prefer the public don't trust the gov.
Disclosure:currently Short.
Fundamentally, if a system is in place in which bonuses go to...
-
- There are more pages in this discussion • 56 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WBC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$28.59 |
Change
0.250(0.88%) |
Mkt cap ! $98.99B | |||
| Open | High | Low | Value | Volume |
| $28.50 | $28.59 | $28.40 | $135.0M | 4.737M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2803 | $28.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.59 | 39118 | 3 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| WBC (ASX) Chart |