
BNZ profits fall 16 per cent
A 16 per cent drop in the Bank of New Zealand's net profit after tax was due mainly to lower gains on financial instruments, affected
A 16 per cent drop in the Bank of New Zealand's net profit after tax was due mainly to lower gains on financial instruments, affected
The wind up of Bradley's B'on Financial Services has netted little return for Jacqui Bradley's 28 victims.
National Australia Bank's New Zealand cash earnings dropped 3 per cent in its first half as the lender took impairments against its rural loan book.
An ex-BNZ banker, who approved a loan for his own property development, has cut a deal with police over forfeiting $250,000 of frozen funds.
ANZ New Zealand posted a drop in half-year profit as expenses and bad debts rose, while margins were squeezed amid a fiercely competitive lending market.
Three Chinese banks are now registered and trading in New Zealand. Tim McCready takes a look at their operations here.
Cash profit at ANZ New Zealand has fallen from $841m to $751m for the past six months.
One of the country's largest broking firm has been handed a formal warning after it breached anti-money laundering laws.
Westpac New Zealand boss David McLean says Auckland's heated property market will continue to surge ahead as long as a "supply and demand imbalance" exists.
The Banking Ombudsman is urging people to think carefully about setting up shared accounts.
Profits at Westpac Bank are up 3 per cent for the past half year.
The intense conflict of interest between bankers and the rest of society is captured well in a passage from "Traders, Guns and Money," a book written by former banker Satyajit Das, writes Anat Admati.
Mother who handed over $50,000 among Benjamin Kiro's victims
The Labour Party says says it has identified the Mossack Fonseca client who got approval to buy sensitive land in New Zealand.
Sounds easy? Some real estate experts are pointing out some potential flaws in the new scheme.
Falling interest margins amid a fiercely competitive lending market contributed to a downturn in the New Zealand banking sector's profitability.
Westpac in Australia is stopping lending to foreign buyers of property.
ICBC (NZ) has lifted its loan book by 343 percent.
New Zealand consumer confidence rose in April as Kiwis remained optimistic about the state of the economy.
Emotion is a strong driving force when it comes to making money decisions.
Thousands of people signed up to KiwiSaver may not know who their provider is and young people are the least likely to know. Research
Stephen Duff, brother of author Alan Duff, has agreed to retire from offering financial advice.
New Zealand's investment watchdog is warning the public to be wary of unlicensed and unregistered operators.
Hoping for a pay rise? This could be your month.
COMMENT: Australia's banks have taken a hammering on the stock market over the past month or so.
Did you know your money in a bank term deposit is not guaranteed by the Government?
COMMENT: NZ Super Fund's decision to try to buy a 25pc stake in Kiwibank from NZ Post should not be any surprise.