Macquarie full-year financial results: Compliance cost explosion a sign of the times - The Australian Financial Review

Diversified investment banking and funds management group Macquarie could soon be spending more on compliance than technology investment.

This increase in the cost of risk management and compliance is part and parcel of being a properly regulated financial institution, says chief executive Shemara Wikramanayake. She says banks not onl… [+3622 chars]

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