Reserve Bank should have stayed shtum on Kiwibank capital problem: adviser
The central bank has undermined its own financial stability goal.
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A financial adviser says the Reserve Bank should never have allowed its problem with Kiwibank’s capital position to become public and should have resolved it behind closed doors.
In mid-March, Kiwibank had to cancel a $A175 million bond sale on the eve of settlement, forcing its shareholders, NZ
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Jenny Ruth
Wed, 07 Jun 2017
Wed, 07 Jun 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Reserve Bank should have stayed shtum on Kiwibank capital problem: adviser
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