Briefs: Sensitive weight by banks on APRA
Major bank CEOs may be briefed by APRA late today on new risk weighting on housing loans, thee Street Talk column in the Financial Review reports. Everyone else will be made to wait until Wednesday morning. Brian Ford will retire as Chief Operating Officer of La Trobe Financial. Rowan Donohoue will take over as senior vice president and chief operating officer. Donohoue joined La Trobe Financial in 2009 and was previously Chief Legal Counsel.