With the countdown to the announcement of final decisions in the RBNZ's broadest ever review of banks' regulatory capital requirements underway, Gareth Vaughan looks at some key issues

With the countdown to the announcement of final decisions in the RBNZ's broadest ever review of banks' regulatory capital requirements underway, Gareth Vaughan looks at some key issues

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By calling for Board roles of New Zealanders to be reviewed, Orr threw another Bomb into the Bankers Association's lap. He is getting stronger by the day, while the Bad rep of the Banks continue with daily dose of adverse news. May be they will fold (in the interest of keeping their business going here and keeping the profits coming in and going to Aussie) to accept the RBNZ directives/recommendations ?
If that happens, it wil be a win for RBNZ and New Zealand...Go Aotearoa.