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If a bank failed and the Open Bank Resolution Policy was implemented, how...
TweetThe haircuts taken by depositors in Cyprus' banking crisis earlier this year caused a publicity storm over the Reserve Bank of New Zealand's incoming bank failure tool, the Open Bank Resolution...
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Open Bank Resolution policy now in the RBNZ's toolkit, any use would be...
Short headline: RBNZ's OBR bank failure policy live TweetThe Reserve Bank has confirmed its new bank failure tool, the Open Bank Resolution (OBR) policy, has gone live.The prudential regulator has...
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Credit rating agency downgrades SBS, building society support ratings due to...
Short headline: Fitch raises OBR related concerns TweetFitch Ratings has affirmed its 'BBB' rating on SBS Bank with a stable outlook, but downgraded SBS' support rating because of the Reserve Bank's...
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NZ banks now have $20b of assets, including 143,627 home loans, guaranteeing...
Short headline: Spotlight on NZ covered bonds TweetBy Gareth VaughanA new report from credit rating agency Fitch puts the spotlight on the NZ$13.234 billion worth of covered bonds New Zealand banks...
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Kiwibank reaches RBNZ's 'systemically important bank' threshold but nothing...
Short headline: 'None of our banks are too-big-to-fail' TweetBy Gareth VaughanNew Zealand now has a fifth systemically important bank.Kiwibank's half-year financial statements show it has met the...
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Loss of implicit government guarantee could cost big 4 Australasian banks a...
Short headline: Big banks' implicit govt guarantee on the line TweetBy Gareth VaughanThe Australian parents of New Zealand's big four banks may lose their implicit government guarantees, costing them...
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Bernard Hickey looks at the lessons we should learn from warnings about our...
Short headline: The moral hazard in our 'Too Big To Fail' property market TweetBy Bernard HickeyLast weekend's headlines from Forbes warning about a housing crash and 'economic disaster' may well have...
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Gareth Vaughan takes a look at what the main political parties are offering...
Short headline: Who should savers vote for? TweetBy Gareth VaughanThe election campaign's in full swing and we're hearing plenty from political parties pledging to help borrowers get a foot on the...
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NZ's stable, if heavily consolidated, financial system creates 'ample scope'...
Short headline: Banks 'can and will be allowed to fail' TweetBy Gareth VaughanNew Zealand's stable financial system creates "ample scope" for new entrants to enter the market, Reserve Bank Head of...
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Less dogma, more flexibility needed in Reserve Bank's risk management strategy
Short headline: A critique of RBNZ risk management TweetBy Gareth VaughanDiscussing potential bank failure is a frightening topic at the best of times.Although thankfully none of New Zealand's banks...
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RBNZ's OBR policy signals decreasing prospect of taxpayer funded bailout of...
Short headline: 'OBR supports stability of banking system' TweetThe Reserve Bank's Open Bank Resolution (OBR) policy supports the stability of the banking system, and incentivises bank management and...
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English reminds term deposit savers there is no Government Guarantee and...
Short headline: English reminds savers of no guarantee TweetBy Bernard HickeyFinance Minister Bill English has reminded term deposit savers that there is no Government guarantee for their deposits and...
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Gareth Vaughan says the NZ Super Fund's Portuguese stoush is a timely...
Short headline: Lessons from Portugal TweetBy Gareth VaughanThe New Zealand Super Fund's donnybrook with Portugal's central bank is a timely reminder of how messy things can get when a bank...
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