Capital changes afoot for banks in NZ

Proposed changes to the risk-weighted asset component of the capital settings of banks in New Zealand are likely to push the Big Four banks adopt more conservative weightings and lead to higher capita.. read more

Clarification: Rabobank pay practice

Rabobank "can confirm that its policies for the remuneration of its employees are fully compliant with the recommendations of the Sedgwick Review," its media adviser said yesterday. read more

NPP skirted by Bullock

The NPP "is gradually ramping up", Michelle Bullock, Reserve Bank assistant governor, told a bond summit in Shanghai yesterday. read more

NAB fraudster sanctioned

An ASIC investigation into loan fraud has resulted in a permanent ban of former National Australia Bank employees, Danny Merheb and Samar Merjan (also known as Samar Awad) from engaging in credit acti.. read more