Banking failure in spotlight free review The Reserve Bank will ensure that uncontested legal and practical control can be exerted over the local operations of foreign-owned banks in the event of a failure. bank failure RBNZ Wants Local Banks To Retain Control If Parents Fail (http://sg.biz.yahoo.com/040817/15/3mgpc.html , Yahoo News) RBNZ wants protection for local banks (http://afr.com/articles/2004/08/17/1092508449929.html , Australian Financial Review (subscription))

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	Banking failure in spotlight
	The Reserve Bank will ensure that uncontested legal and practical control can be exerted over the local operations of foreign-owned banks in the event of a failure.

Updated	Aug 17, 2004 22:07:10
Rating	27 ( -6 -22.22% )
Author	New Zealand Herald

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RBNZ Wants Local Banks To Retain Control If Parents Fail (http://sg.biz.yahoo.com/040817/15/3mgpc.html — Yahoo News)
RBNZ wants protection for local banks (http://afr.com/articles/2004/08/17/1092508449929.html — Australian Financial Review (subscription))

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