OPINION: The elephant in RBNZ's bank capital room

OPINION: The elephant in RBNZ's bank capital room
Jenny Ruth
The most surprising thing about the Reserve Bank's proposed new bank capital rules remains that nobody has attempted to explain why we shouldn't believe the results of the RBNZ's own stress-testing of the major banks. One would think that if RBNZ was planning to force the big four banks to near double their minimum equity as proposed, it would first have to demonstrate why current equity levels are inadequate. RBNZ governor Adrian Orr came closest to it early this year in responding to a BusinessDesk story examining public stress test res...

More Finance

JPMorgan is revamping Its bank for the superrich
Finance

JPMorgan is revamping Its bank for the superrich

There is a minimum required balance of US$10 million. 

Port of Auckland to pay $45m special dividend to council
Finance

Port of Auckland to pay $45m special dividend to council

The divestment proceeds will be used to top up the Auckland Future Fund.

Oliver Lewis 27 Jun 2025
$600m in tourist spend at risk from regulation: Mastercard
Finance

$600m in tourist spend at risk from regulation: Mastercard

When Europe cut interchange fees, foreign card decline rates soared.

Pattrick Smellie 27 Jun 2025