will the next Reserve Bank governor relax capital requirements for banks?
- Written by Claire Matthews, Associate Professor and Head of School, School of Accountancy, Economics and Finance, Te Kunenga ki Pūrehuroa – Massey University
Andrzej Rostek/Getty ImagesAdrian Orr has so far not spoken about the reasons for his recent and unexpected resignation as Reserve Bank governor, but the sudden departure caused understandable speculation.
One suggestion has been that Orr was at odds with the government over his requirement that the Australian-owned New Zealand banks hold high...
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