Australia’s Financial System Inquiry Final Report

Here is the final report, the Murray Report on Australian banks. Not so long ago Australia was the poster-boy of prudent banking. Unfortunately, this is not the case any longer. Ozzy banks need more resilient capital. Without further ado, please read. I will do too.

December 7, 2014 @cetier11 Comment

I wrote on CoCos, again.

Under my pen-name “Martien Lubberink”, I wrote on CoCos, offering this part of the world a solution for mis selling them. I think my solution is superior than the ban of the FCA. See Let them eat CoCos?

August 29, 2014 @cetier1

Caveat Emptor: PERLS VII or CBA’s new Additional Tier 1 CoCo bonds

Despite extensive press coverage, I struggled in finding the prospectus of CBA’s PERLS VII Capital notes. One email to CBA prompted a quick response: voilà here is the prospectus – packed with warnings.

August 27, 2014 @cetier1

Basel III – watch your step at the entry!

Basel III will enter into force in the U.S. and in Europe in about 10 weeks from now. That is soon, and I will argue that banks are still poorly prepared, in particular regarding important securities that count towards regulatory capital. Many banks conveniently look at the Basel III end-state, to be reached in 2019. BNP for… Read More Basel III – watch your step at the entry!

October 13, 2013 @cetier1

Who’s (not) afraid of the Basel III disclosure requirements?

The answer is: Australia’s Commonwealth bank. As I will demonstrate, this bank is unique in going the extra mile. It shows that the Basel III disclosure requirements are not something to be afraid of. In fact, they are doable. But first, this entry explains the Basel III disclosure requirements. Though they are part and parcel… Read More Who’s (not) afraid of the Basel III disclosure requirements?

September 8, 2013 @cetier1

Capital Issues

The ambitious attempt to clarify the World of Regulatory Bank Capital

Tag: Commonwealth bank

Australia’s Financial System Inquiry Final Report

I wrote on CoCos, again.

Caveat Emptor: PERLS VII or CBA’s new Additional Tier 1 CoCo bonds

Basel III – watch your step at the entry!

Who’s (not) afraid of the Basel III disclosure requirements?