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Aussie Banks Seen Needing $21 Billion Capital to Rival Peers

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Australia’s largest banks will need to hold at least A$28 billion ($21 billion) in extra capital to rank among the safest lenders globally, according to Goldman Sachs Group Inc. and Credit Suisse Group AG.

The estimates followed a study released Monday by the nation’s banking regulator that found the four lenders would need to boost their capital ratios by at least 2 percentage points to reach the top quartile of global banks.