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1 Found helpful • 17 Pages • Essays / Projects • Year: Pre-2021
A report that assesses the effects of the Global Financial Crisis (GFC) on Australian banks compared to other countries banks. The country chosen to act as a comparison for this report was the United Kingdom. This report aims to examine the significance of regulations and requirements, as well as adequate management, to an efficient financial system. The report aims to assess the claim that the ‘effect of the global financial crisis (GFC) on Australian banks was considerably less than those in many other countries. However, Australian banks have been exposed to risks more than before the GFC’.
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