Macquarie showed ‘unhealthy arrogance’ on risk. Until this happened
The confrontational approach taken with the markets disciplinary panel and ASIC contrasted with Macquarie’s engagement with regulators in the UK last year.
That’s how multiple sources, who were not authorised to speak publicly, described Macquarie’s initial dealings last year with the corporate regulator and the markets disciplinary panel, a peer review body.
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Joyce Moullakis writes on banking and finance, specialising in investment banking, private equity, and financial services. Connect with Joyce on Twitter. Email Joyce at joyce.moullakis@nine.com.au
