UPDATE 1-Australia’s big banks gear up for capital raising rush
Australia’s biggest banks are expected to
cut dividend payments and tap bond markets for more funding to
cope with tougher capital requirements as regulators look to
safeguard the sector from future market volatility, according to
analysts and bankers.
cut dividend payments and tap bond markets for more funding to
cope with tougher capital requirements as regulators look to
safeguard the sector from future market volatility, according to
analysts and bankers.
Posted by Reuters
