ANZ may need to keep more profits in New Zealand

By Clancy Yeates
Updated August 20 2019 - 7:35pm, first published 5:13pm

ANZ Bank says it may need to retain a higher proportion of its profits in New Zealand, as regulators on both sides of the Tasman take a tougher line on capital requirements, which are aimed at making banks more shock-proof.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Canberra news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.