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Australia Tells ING to Boost Capital on Flawed Liquidity Reports

1 source ·1 article ·Sep 2, 23:20 UTC Ing Groep

Australia’s banking regulator put additional capital requirements on ING Bank Australia Ltd. after the lender revealed it had misreported its liquidity position over several years.

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Bloomberg 1

All coverage · 1 article

Bloomberg Markets ·Sep 2, 23:20 UTC

Australia Tells ING to Boost Capital on Flawed Liquidity Reports

Australia’s banking regulator put additional capital requirements on ING Bank Australia Ltd. after the lender revealed it had misreported its liquidity position over several years.