ANZ CEO says he's taking Adrian Orr at his word on bank capital consultation

Wed, 01 May 2019

By Jenny Ruth May 1 (BusinessDesk) - ANZ’s New Zealand chief executive says he’s taking Adrian Orr at his word that the Reserve Bank governor has an open mind on bank capital requirements and will treat the current consultation period as genuine. David Hisco says Orr has personally assured him it will be a true consultation, in addition to Orr’s repeated public comments to that effect. That’s contrary to a prevailing view in business circles that Orr is adamant that the big four banks – and ANZ is the largest of the four – will be forc...

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