BDBDBanking and financeANZ's UDC finance unit posts record profitANZ Bank New Zealand's UDC finance unit has posted a record annual profit, driven by booming car sales and strong growth in forestry, transport and construction.08 Dec 01:25 AM
BDBDBanking and financeFMA concerned about low levels of reportingThe Financial Markets Authority says it is "particularly concerned" about continued low levels of reporting by New Zealand financial services firms.07 Dec 10:47 PM
Banking and financeCustomer 'lucky' to get stolen $5k backA bank customer who was careless with her account pin received an early Christmas present, when her stolen $5000 was deposited back in her account.07 Dec 06:50 PM
Banking and financeASB appoints new head of retail bankingASB bank has promoted its technology boss to head up the bank's retail arm bringing technology and retail under one person.06 Dec 11:01 PM
Banking and financeNo Xmas $800 share bonus for ANZ staffTougher times in banking mean 5000 ANZ staff will miss out on an $800 share bonus this year.04 Dec 09:57 PM
Banking and financeItaly next in line for populist upheavalAll eyes are on Italy as its Brexit/Trump moment arrives in what could plunge the country into financial crisis.03 Dec 08:09 PM
OpinionDiana ClementDiana Clement: Eat, drink...but don't be a party pooperChristmas lunch - it's a costly affair.03 Dec 04:00 PM
BDBDBanking and financeFMA hopes new legislation will encourage investorsThe FMA says it wants to encourage investors into the sharemarket and business conduct will be important in improving confidence.01 Dec 02:08 AM
Banking and financeFaster bank payments prompt warningPeople are being urged to set up electronic payments for the day after they get paid as banks adopt hourly clearance of payments.30 Nov 11:49 PM
Banking and financeFrom Goldman Sachs to 'Suicide Squad'From Goldman Sachs to 'Suicide Squad': Meet Steven Mnuchin, Donald Trump's pick for Treasury secretary.30 Nov 03:15 AM
BDBDBanking and financeNZ business confidence slipsNew Zealand business confidence fell in November as pessimistic manufacturers offset upbeat farmers, construction firms and service companies.30 Nov 01:21 AM
Banking and financeRocketing lending levels worry RBNZThe amount of money being borrowed to buy houses at five and six times a person's income has grown significantly in the last two years 30 Nov 12:01 AM
Banking and financeHousing, dairy still a risk to NZHigh farm debt and inflated house prices remain a risk to New Zealand's financial system.29 Nov 08:15 PM
Banking and financeMortgagee sales: Fewer lose their homesNearly 450 homeowners lost their properties in mortgagee sales during the past 12 months when banks foreclosed on unpaid loans.28 Nov 04:16 AM
Banking and financeBattle for your savings heats upBanks have increased term deposit rates in a bid to attract customers and fund further mortgage lending.28 Nov 01:09 AM
Banking and financeLoan restrictions hit house developmentAn Auckland housing developer has complained how new banking lending restrictions are further restricting supply.27 Nov 08:04 PM
Banking and financeGetting a home loan could get toughGetting a home loan may get more difficult and more expensive in the next year, says ANZ CEO David Hisco.27 Nov 05:16 PM
Banking and financeProperty investor borrowing falls $287mNew clamp-downs on residential property investors appear to be working.24 Nov 08:13 PM
Banking and financeYoung staff mentoring older at ASBIt was the throngs of people in Mission Bay, hunched over their phones, that got to Kevin McDonald.24 Nov 07:37 PM
BDBDBanking and financeReserve Bank delays bank disclosure reformsThe Reserve Bank of New Zealand has extended for two weeks its deadline for feedback on a proposed new Dashboard approach for banks' financial disclosure.24 Nov 04:47 AM
Banking and financeBiggest risks to the banks in 2017Sluggish growth, political uncertainty and low interest rates remain risks to the global banking sector.24 Nov 12:29 AM
Banking and financeNZ's vulnerability highlighted by eventsCOMMENT: Having some of their money outside New Zealand is crucial for long-term investors, Mark Lister writes.22 Nov 05:15 PM
BDBDBanking and financeHeartland pursue UDC from ANZHeartland Bank has told investors that it remains interested in buying asset finance company UDC from ANZ Bank, describing it as an 22 Nov 04:30 PM
Banking and financeHighest rate for savers in over a yearBNZ has made a grab for the savers market offering a 4 per cent term deposit rate.20 Nov 09:40 PM
Banking and financeWestpac apologises for 'Asian' emailWestpac has apologised for sending an email to a customer containing the greeting "Hello Asian".20 Nov 12:36 AM
BDBDBanking and financeConsumer confidence at 19-month highRising employment, low inflation and a recovery in the dairy sector point to robust economic growth.18 Nov 12:58 AM
Banking and financeBNZ Harbour Quays closed for 'months'BNZ's Harbour Quays building won't reopen for months following damage to CentrePort in the 7.8 earthquake.17 Nov 04:53 AM
BDBDBanking and financeHenry van der Heyden appointed chairman of RabobankHenry van der Heyden has been appointed chairman of Rabobank New Zealand Limited, replacing John Palmer who has retired from the board.17 Nov 03:57 AM
Banking and financeMajor banks offer financial assistanceQuake-hit customers and businesses have been offered mortgage relief and access to savings.15 Nov 11:04 PM
Banking and financePaywave cards targeted by young thievesChildren as young as 12 are targeting contactless credit and debit cards in Rotorua.15 Nov 07:50 PM
Banking and financeANZ's mortgage help for quake victimsANZ has announced an assistance package for customers impacted by the 7.5 magnitude earthquake on Monday night.15 Nov 03:42 AM
Banking and financeKiwis losing millions to investment scamsKiwis are losing millions a year to illegal investment scams that the Financial Markets Authority is trying to crack down on.14 Nov 05:00 PM
BDBDBanking and financeCall centre delays after quakeCustomers of BNZ and Kiwibank may face delays in getting through to the lenders, with both banks' primary call-centres based in Wellington.14 Nov 04:54 AM
OpinionBernard HickeyBernard Hickey: 5 ways Trump could hurt usCOMMENT: If Trump carries out his trade and defence threats, NZ would face the risk of slower global economic growth, higher interest rates and fewer capital flows.12 Nov 04:00 PM