Why the banking royal commission is bad for equity, good for debt – The Australian Financial Review - May 18, 2018


The Australian Financial Review
Why the banking royal commission is bad for equity, good for debt
The Australian Financial Review
They mandate the sum of the going-concern (Tier 1) capital a bank needs to withstand a shock coupled with the "gone-concern" resolution capital a bank requires if it is to be expeditiously wound up or resuscitated via accelerated bankruptcy. … As a …
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