Opinion: Low risk-weighting of residential mortgages allows banks to reduce their level of disclosed leverage.
Fri, 27 Oct 2017
High house, bond and share prices are at the top of any list of what could cause the next crash. But the banking system is also a suspect as leverage is much higher than what is disclosed.
The various Basel Accords allow banks to materially downsize the level of their borrowings when they
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).