Another useful contribution to the question of how the Australian banks deal with changes in the capital requirements impacting their NZ subsidiaries.
Their conclusion is that Westpac will struggle to find a buyer at an acceptable price The Conversation: “Hostage to fortune: why Westpac could struggle to find the right buyer for its NZ subsidiary”
Author: From the Outside
After working in the Australian banking system for close to four decades, I am taking some time out to write and reflect on what I have learned. My primary area of expertise is bank capital management but this blog aims to offer a bank insider's outside perspective on banking, capital, economics, finance and risk.
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