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Edition 202

  •   19 May 2017
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I've been a member of the Pricing Committees of three Australian banks. Over the years, meetings became increasingly complex as pricing factored in higher capital and liquidity requirements (for example, CBA holds an incredible $155 billion of high quality liquid assets), funding mismatches, competitive forces, product margins and, somewhere in the mix, community backlash and politics. Into the hundreds of pages of material produced each week will now go a new cost for five of the banks: the 0.06% levy on certain liabilities.

Editorial | Edition 202, 19 May 2017


 

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