Using a unique but confidential database, this study examines the capital management practices of Australian banks under the Basel regulatory framework. We find evidence of a negative relationship between the internally targeted capital buffers of banks and the current state of the economic...

Full paper published in Journal of Financial Crime, vol 8, no 2, 150-155 (November 2000)The obligation of a bank as a matter of contract with its customer to honor its duty of secrecy over the information it holds presents a barrier to an efficient, competitive and informed securities market....