| Bank regulators walk a tightrope. On one hand they have to ensure the safety of the banking system for depositors while at the same time ensuring the banking system’s efficacy. There is an inherent conflict. And so, with the very public demise of SBV and CS ringing in it’s ears, APRA reached out recently to the banks for comment on the issuance of hybrids. At the heart of APRA’s concerns is the ownership of hybrid securities. To read our thoughts on how we think the adventures of the red headed stepchild of bank capital will play out we encourage you to Click here As usual we value your feedback. |
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