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Reserve Bank cannot rule out future bank failures

It believes bank owners should have more skin in the game.

Brent Edwards Tue, 26 Feb 2019

The Reserve Bank continues to argue that increasing the amount of capital banks must hold will strengthen the country’s financial system.

In a speech to Victoria University’s Institute for Governance and Policy Studies in Wellington, deputy governor Geoff Bascand says ensuring the soundness

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Reserve Bank cannot rule out future bank failures
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