RBNZ urged to take a wider, non-plumbing view of banks

RBNZ urged to take a wider, non-plumbing view of banks
Jenny Ruth
The Reserve Bank focuses too little on the incentives driving bankers, ignores the implied government guarantee that banks benefit from and takes too much of a "plumbing view" of banking, says an American banking professor employed by the central bank to assess its controversial bank capital-holding proposals. The New Zealand central bank also devotes too little attention to how capital regulations might influence the allocation of credit or the degree to which non-banks will be able to fill any gaps in the provision of credit, Professor Ros...

More Finance

Fast-food chain float could give Fonterra a steer
Finance

Brian Robins: Fast-food chain float could give Fonterra a steer

After a dearth of IPOs, all eyes are on Guzman y Gomez. 

Whineray appointed new Jarden chair
Finance

Whineray appointed new Jarden chair

Fraser Whineray quit as Fonterra's chief operating officer in July 2023.

Murray Jones 19 Jun 2024
Bluebird improves profits after investment in Wiri site
Finance

Bluebird improves profits after investment in Wiri site

Bluebird Foods NZ has posted a profit of $13.2m for the year ended December 2023.

Staff reporters 18 Jun 2024
The danger of seeking out a returns Booster
Finance

Paul McBeth: The danger of seeking out a returns Booster

The FMA needs to move swiftly in its bid to be a related party pooper.

Paul McBeth 18 Jun 2024