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Feathers fly after RBNZ confirms bank capital changes

Opponents still believe the sky will fall, eventually.

Karyn Scherer Thu, 05 Dec 2019

The Reserve Bank has ruffled plenty of feathers with its decision to strengthen banks’ balance sheets, and today the Chicken Littles came out in force, despite some compromise from the central bank on its original proposals.

Retail banks will now need to find billions of extra dollars to help

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Karyn Scherer Thu, 05 Dec 2019
Contact the Writer: karyn@nbr.co.nz
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Feathers fly after RBNZ confirms bank capital changes
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