Published 1 year ago

ANZ's CEO says banking turmoil has potential to trigger financial crisis

Summary by Ground News

The global financial crisis has the potential to be a repeat of 2008, says the head of Australia's No.4 bank. He says the country is in a better position than other countries to deal with the crisis. But he says it is too soon to tell if the crisis will be a long-term problem.

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Times of India

ANZ CEO: Banking turmoil has potential to trigger financial crisis

Australia's banking regulator, soon after the collapse of startup-focused lender SVB, flagged it had intensified supervision of local banks. Global regulators have acted much quicker to support banks this time, having learned lessons from the prior crises, Elliott said.

1 year ago·India

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Reuters

ANZ's CEO says banking turmoil has potential to trigger financial crisis

SYDNEY - Australia and New Zealand Banking Group's CEO said on Monday the latest turmoil in the global banking system had the potential to trigger a financial crisis though it was early to predict it could bring one similar to that in 2008. Authorities around the world are on high alert for the fallout from the recent turmoil at banks following the collapse of Silicon Valley Bank and

1 year ago·United Kingdom

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Sydney Morning Herald

US bank shock has potential for financial crisis, says ANZ chief

The boss of Australia’s fourth-largest bank believes banking regulations will be altered permanently after recent shocks in the US and in Europe.

1 year ago·Sydney, Australia

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Financial Post

ANZ CEO says banking turmoil has potential to trigger financial crisis

SYDNEY -- Australia and New Zealand Banking Group's CEO said on Monday the latest turmoil in the global banking system had the potential to trigger a financial crisis though it was early to predict it could bring one similar to that in 2008.

1 year ago·Canada

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大纪元 www.epochtimes.com

ANZ CEO: Banking turmoil may trigger financial crisis

【大紀元2023年03月27日訊】（大紀元記者戴芙若綜合報導）澳大利亞和新西蘭銀行集團首席執行官週一（3月27日）表示，全球銀行體系的最新動盪有可能引發金融危機，儘管現在預測它可能引發類似於2008年的危機還為時過早。美國硅谷銀行（Silicon Valley Bank，簡稱SVB）和簽名銀行（Signature Bank）倒閉後，世界各地當局都高度警惕銀行業近期動蕩的後果，以及瑞士信貸的危機。「對某些人來說顯然是一場危機，但這是一場金融危機，誰知道呢？有可能成為一場（金融）危機嗎？是的，確實有可能成為一場（金融）危機，」澳大利亞和新西蘭銀行集團首席執行官謝恩·埃利奧特（Shayne Elliott）在該銀行網站上一篇采訪報導中表示。但他表示，現在就假設當前狀況可能導致「另一場全球金融危機」還為時過早。他指的是大約15年前的2008年全球金融危機，那場危機使世界主要發達經濟體陷入自1930年代大蕭條以來最嚴重的衰退。在2008年金融危機期間，澳大利亞銀行遭受的損失沒有美國和英國…

1 year ago

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The Epoch Times

ANZ CEO: Banking Turmoil Has Potential to Trigger Financial Crisis

SYDNEY—Australia and New Zealand Banking Group’s CEO said on Monday the latest turmoil in the global banking system had the potential to trigger a financial crisis though it was early to predict it could bring one similar to that in 2008. Authorities around the world are on high alert for the fallout from the recent turmoil at banks following the collapse of Silicon Valley Bank (SVB) and Signature Bank in the U.S. and the emergency takeover of C…

1 year ago·New York, United States

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