The financial regulator is planning to phase out a form of bank capital that has proven wildly popular with Australian retail investors.
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Australia’s banking regulator has proposed lenders scrap the use of AT1 bonds, potentially becoming the first jurisdiction to phase out the securities wiped out after Credit Suisse’s collapse last year.
The financial regulator is planning to phase out a form of bank capital that has proven wildly popular with Australian retail investors.
The financial regulator is planning to phase out a form of bank capital that has proven wildly popular with Australian retail investors.
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