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ASB CEO Vittoria Shortt pledges her bank will accept whatever regulatory capital requirements the RBNZ decides to implement, but argues ASB's alternative capital proposals represent a better balance between stability and cost

Banking
ASB CEO Vittoria Shortt pledges her bank will accept whatever regulatory capital requirements the RBNZ decides to implement, but argues ASB's alternative capital proposals represent a better balance between stability and cost
9th Aug 19, 9:32am by Gareth Vaughan

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2 Comments

by  HeavyG  |  9th Aug 19, 11:11am 1565305908

What's the alternative... break the law?

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by  SmoKey  |  9th Aug 19, 12:00pm 1565308814

With more than a billion dollar profit a year, it is easy for them to comply, so they can keep on making more. A wise strategy, unlike ANZ's threat to reduce business here.

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