We look at an IMF working paper which maps the footprint of the top 30 banks (GSIBs) globally. They control up to 75% of business lines.
https://www.imf.org/en/Publications/WP/Issues/2019/12/27/Post-Crisis-Changes-in-Global-Bank-Business-Models-A-New-Taxonomy-48877
Today we got the final piece of the national accounts data from the ABS for the second quarter 2025. The GDP result was better...
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I have been talking about the absolutely stupid Government policy of gas supply, as a few big multinational companies continue to pump and export...