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 Post subject: Re: Ominous signs in Australia
PostPosted: Mon Jan 14, 2019 5:32 am 
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https://www.reuters.com/article/us-aust ... SKCN1P803G

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Australia’s big banks may struggle to raise the amount of extra capital they require under new rules proposed by the country’s banking regulator, a senior executive at Westpac Banking Corporation (WBC.AX) said in an interview published on Monday.

APRA said it wants the country’s four biggest lenders to raise their available capital by 4 to 5 percentage points by 2023 from the current 14.5 percent of total risk-weighted assets.

The buffer would bring Australian banks in line with new international standards developed by the Basel Committee on Banking Supervision and adopted by Canada and European Union countries, APRA said


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 Post subject: Re: Ominous signs in Australia
PostPosted: Mon Jan 14, 2019 10:56 pm 
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