Aussie Bank Takes Hit From N.Z. Structured Finance Exposure

15 Oct 2009

The Commonwealth Bank of Australia says its tier-one capital will lose 6 basis points as a result of its remaining structured finance exposure in New Zealand.

The Commonwealth Bank of Australia says its tier-one capital will lose 6 basis points as a result of its remaining structured finance exposure in New Zealand. CBA, whose current tier-one capital stands at 8.5% before the project decline, reportedly has the lowest gross exposure to structured finance of ...

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