The slash-and-burn brand of derisking by big banks is not expected to deliver the end results regulators are looking for. Photo: AFP
Banks raise concern over shake-up to cut risk
Bankers point to fresh threat to industry as transactions leave system after big lenders end ties with smaller ones to lower compliance costs
The slash-and-burn brand of derisking by big banks is not expected to deliver the end results regulators are looking for. Photo: AFP