research report on Australian financial services industry
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research report on Australian financial services industry


  • Ph.D.
  • 3588

Short excerpt:

Banks and financial institutions have been the institutions that have been impacted most significantly by the global economic recession. The economic recession saw the fall of financial giants like Lehman brother and Bear Sterns. The impact of the crisis was so serve that governments across the world had to introduce financial bailout packages to prevent business organizations from being declared bankrupt. The economic recession spiralled by the subprime crisis has called upon business organizations particularly banks and other financial institutions to ensure better risk management practices. It also calls for financial institutions to increase the level of compliance. These calls for a collective effort on the part of bankers, central bankers as well as policy makers to formulate

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