
TMM - News
Reserve Bank doubles down on capital proposals

Tuesday 26th of February 2019
RBNZ deputy governor Geoff Bascand delivered a speech today entitled "Safer banks for greater wellbeing", aimed at drumming up support for the controversial capital proposals. Bascand outlined the continued risk of another banking crisis and said lenders should hold extra capital to absorb losses and protect the wider financial system.
He said he wanted to "level th...
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