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Last week the United Kingdom Prudential Regulation Authority released a discussion paper on the implementation of ring-fencing of core UK financial services and activities within banking groups with c.. read more

Despite the likelihood that the Financial Stability Board will call for increases in bank capitalisation levels when it reports to the G20 Leaders in Brisbane next month, and the high probability that.. read more

Back in July 2012, a shortfall was identified in a defined benefit superannuation plan of which many Victorian local council employees are members, but an initiative to resolve the issue seems to have.. read more

Australian bank names are a lesser credit, in the eyes of European debt investors, than our retail champion. read more

On September 22, the new ISDA 2014 definitions for credit default swap contracts came into effect. Included in the definitions was a new credit event - "governmental intervention." read more

With a leverage ratio of 3.5 per cent at the end of June, ANZ's economic exposures are more than 28 times greater than its Tier 1 capital base. Its Tier 1 capital base comprises its common equity and.. read more

The Reserve Bank of Australia released its semi-annual Financial Stability Report yesterday and, among other things, noted the growth in lending to investors buying residential property. The RBA said.. read more

In a first for the retail hybrid note market, Macquarie Group priced a capital note issue by Macquarie Bank at the wide end of the indicated range on Friday. The price was set at 330 basis points over.. read more

When are senior ranking creditors subordinated? The answer is: when you own the Macquarie Bank Capital Notes and a capital event occurs. read more

Macquarie Bank (rated A), Origin Energy (BBB), Transurban (A-), Westfield Corporation (BBB+) and Aurizon (BBB+) raised the equivalent of A$7.5 billion in international bond markets last week.  read more