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APRA hit big banks with extra capital charges

July 11, 2019 - 14:20 -- Admin

by Chris Becker APRA is ordering the remainder of Megabank to hold a little more capital in reserve in case of bad things. From Martin North: APRA has written to ANZ, National Australia Bank (NAB) and Westpac advising of an increase in their minimum capital requirements of $500 million each. The capital add-ons will apply

The post APRA hit big banks with extra capital charges appeared first on MacroBusiness.

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