UPDATE 1-New Zealand to ramp up monitoring of NAB unit over capital calculation errors
New Zealand’s central bank
said on Tuesday it was stepping up monitoring of National
Australia Bank Ltd (NAB) subsidiary Bank of New Zealand
(BNZ) after identifying errors in the lender’s risk
capital calculation process.
said on Tuesday it was stepping up monitoring of National
Australia Bank Ltd (NAB) subsidiary Bank of New Zealand
(BNZ) after identifying errors in the lender’s risk
capital calculation process.
Posted by Reuters
