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Finance & Markets

Codelco Dismisses Eight Staff as Copper Output Scandal Widens

Chilean copper giant Codelco let go eight employees after investigations into irregularities in the recording and reporting of production in 2024 and 2025 uncovered new evidence.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Amalgamated: 3 Key Takeaways for Long-Term Investors

The bank has stopped chasing size, pivoting instead to profitability and operating efficiency within its target balance sheet.

  • Flat balance sheet maintained through Q4 to manage liquidity and protect net interest income.
  • Focus on generating positive operating leverage and improving efficiency to maximize returns.

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