The Reserve Bank of New Zealand (RBNZ) said on Wednesday it was considering easing mortgage loan-to-value ratio (LVR) restrictions with effect from June 1 as risks to financial stability had diminished.
Credit Suisse Group AG bondholders, representing $4.5 billion of wiped-out bonds of the company, have filed a lawsuit against Switzerland's banking regulator, the Financial Times reported on Friday. (Reporting by Jahnavi Nidumolu in Bengaluru; Editing by Savio D'Souza)