...."APRA determines our lending requirements and not us. In my division we are constantly in communication with them and have no influence on policy.".....
Absolutely agree... no one is disputing that regulators are at the eye of the storm and playing the Police figure for the show....
The problem lies beyond normal lending books.... its more on the daily/fast trading that amounts for 5 - 10 times the thickness of the hard $$$$$ being exchanged...
Interest swaps, forex, equities, derivatives, gosh... you name it.... I'm talking about real banking here Delta.... not fundamental bank of the old days.....
Yeap.... that old fundamental are being monitored and shown to the public.... good boys.... looking after our money.... yeap.......
Must go now... but, great to bump to you.... catch you later next time
cheers
T10
...."APRA determines our lending requirements and not us. In my...
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