Aussie banks are scrambling to raise their Tier 1 capital ratios, according to yesterday’s Financial Review. Before this arcane financial knowledge induces you into a drooling coma, consider what it means. Banks are shoring up the quality of their assets so that when they go into the equity markets to raise new capital, investors greet them with open wallets instead of cold shoulder (or a punch to the face)…
December 11th, 2008 | Dan Denning | 0 comments | ContinuedAll Posts Tagged With: "capital ratios"
