It will take years to restore trust in the finance industry says the boss of New Zealand's investment regulator.

HSBC New Zealand is closing bank accounts with balances under $100,000 in a move one customer has blasted as discriminatory.

It has been smooth sailing for the New Zealand economy this year but there are worrying signs that the big banks are preparing for a storm.

The study found New Zealanders underestimate their ability and know more about financial matters than they realise.

BNZ has confirmed it may restructure parts of its business and the Herald understands hundreds of jobs could be affected.

Profits across New Zealand's banks dipped in the June quarter driven in part by record lending outpacing funding.

Fees have been paid out to help distribute the $18 million settlement reached last year between the FMA and Hanover.

A bank has been told to pay a woman more than $13,000 after she lost not only her home in a mortgagee sale but items including family pictures.

As Australian banks face the political spotlight one bank boss offers a solution to customers who find switching too much bother.

Bad news for those with a mortgage, but good news for depositers.

After a settlement was reached between Fair Play on Fees and ANZ, lawyer Andrew Hooker said he will still pursue other banks.

The Kiwi boss of ANZ has pledged to look at cutting credit card rates at a parliamentary inquiry.

Fair Play on fees has settled with ANZ on the legal action related to certain fees charged by ANZ to personal customers.

Twenty Australian MPs will begin grilling Aussie's four big banks today, but one Labour MP says it's a sham that functions as a once-a-year chat.

Insurer Youi has been fined the maximum penalty by the Insurance Council over misleading sales practices.

The German bank will cut about 1000 jobs in its home market, insiders say.

John Key has signalled a rapid and unexpected rise in interest rates and "something big that happens internationally" as the biggest threats to the NZ economy.

In just five years, more than 150 branches of NZ's major banks have disappeared, and more are earmarked to go the same way.

As more people do online transactions, small towns must adapt to closures.

New Zealand firms had a more positive outlook in September about both their own prospects and the wider economy.

A Whanganui resident has been subject to scam banking text messages.

What is going on in the banking industry? The big questions answered.

The long-time CEO of Wells Fargo has been grilled by lawmakers over hundreds of thousands of sham bank accounts.

Deutsche Bank is battling rumours the German government is readying a rescue plan, but is another German bank also in trouble?

Barbara Chapman didn't get the job as chief executive of the ASB the first time she applied and she nearly didn't apply the second

The children and babywear retailer's revenue sank with store closures and a struggling international wholesale business.

The man who co-led Deutsche Bank for three years until July last year, was careful not to mention the gigantic elephant in the room.

Are you receiving one?

CEO of Wells Fargo agreed to forfeit $56m in performance pay as thousands of low-level employees allegedly set up sham accounts to meet sales quotas.

The manager messaged a co-worker calling her "sxy" and saying he was "head over heels" for her.