Latest news (24,339 items)

S&P doubts resolve over bank rescues

There is still "no clear framework for loss absorption" during a wind-up or resolution of a failing bank, S&P says. Though APRA have said there will be no statutory bail-in power at all, this is a message lost on one fragment of the banking news media and far-right CEC activists.The actual risk for depositors is the credit ratings of the four major banks are soon downgraded to A-, down from AA- now, a risk averted only if ‘too big to fail’ is still a thing. read more

Page 12 of 2213 | Total articles: 24339