OpinionMark Lister: Rebalancing helps weather the stormsWe've been talking a lot lately with our clients about "rebalancing". Some will say this sounds like finance industry jargon, and it is.05 Aug 05:00 PM
Banking and finance'Rain Man' Hayes loses last Libor gambleNicknamed "rain man" for for his incredible recall, this is the story of Tom Hayes' nine-year Libor rigging saga.05 Aug 02:40 AM
BDBDBanking and financeNZ dollar drops after dairy prices declineThe kiwi was hit by a double whammy as dairy prices fell and a report stoked speculation the Fed would hike interest rates.04 Aug 08:28 PM
Banking and financeTrader's 14-year sentence for Libor rigging sends message to banksA judge "sent a message" to the banking industry for its "dishonest and wrong" conduct after he sentenced a trader convicted of rigging the Libor rate to 14 years in prison.04 Aug 05:00 PM
Banking and financeNZ broker's associate gets 14-years jailAn alleged associate of a New Zealand resident accused of trying to manipulate international banking rates has been jailed for 14 years.03 Aug 11:25 PM
BDBDBanking and financeNZ dollar declines vs. AussieThe decline occurred ahead of the Reserve Bank of Australia's decision on interest rates today.03 Aug 08:41 PM
Banking and financeCampion gets onboard ANZ campaignTop of the Lake film maker Jane Campion has directed an ANZ Bank film campaign highlighting gender wealth disparity.03 Aug 02:27 AM
BDBDAged careSuper Fund sticks to strong equity weightingThe New Zealand Super Fund says it'll stick to a strong equities weighting following a five-year review.02 Aug 10:00 PM
BDBDBanking and financeNZ dollar jumps after weak US employment dataWeak data on US employment costs prompted traders to pull back expectations for US interest rate hikes.02 Aug 08:54 PM
OpinionWilliam Pesek: China's market intervention just another method of QEIt's time to call Beijing's stock-market intervention what it really is: quantitative easing, Chinese style, writes William Pesek.02 Aug 05:00 PM
Banking and financeFMA launches case against WarmingerThe FMA is suing former Milford portfolio manager Mark Warminger over alleged market manipulation.31 Jul 12:55 AM
BDBDBanking and financeNZ dollar continues its slide below 66 US centsThe dollar fell as the prospect of more easing by the Reserve Bank dented the appeal of the kiwi.30 Jul 08:46 PM
BDBDBanking and financeTurners turns to the southTurners, formerly known as Dorchester Pacific, has bought Southern Finance for $5 million, giving the finance company greater exposure in the South Island as it continues to expand its loan book.30 Jul 05:00 PM
Banking and financeWomen $60k behind men on savingsWorrying stat comes as ANZ says it'll keep paying into its staff members' KiwiSaver accounts who go on parental leave.29 Jul 02:00 AM
Banking and financeDollar up on rosier Wheeler talkThe dollar has rallied after what the markets perceived as a more optimistic view of the economy from Reserve Bank Governor Graeme Wheeler.28 Jul 10:15 PM
BDBDBanking and financeNZ dollar gains before Wheeler speechThe dollar rose on speculation Wheeler may soften his language about an easing bias, and after stocks rebounded.28 Jul 08:36 PM
Banking and financeC+M civil action dropped by FMAThe parked civil action against convicted directors of Capital+Merchant Finance has been dropped.28 Jul 04:01 AM
OpinionWilliam Pesek: Now the markets are doing the bullyingJust one year ago, it seemed unthinkable that officials in Wellington and Sydney, more typically known for their hawkishness and stubborn independence, would join the global race towards zero.27 Jul 09:33 PM
BDBDBanking and financeNZ dollar gains on Chinese stock routThe kiwi dollar has risen to a six-and-a-half week high against the Aussie after a slump in Chinese equities markets.27 Jul 08:40 PM
Banking and financeLiquidators go after 'fictitious' profitA bust company that owes clients $7 million has been put into liquidation, with allegedly "fictitious" profits paid out by the Christchurch firm being targeted for possible clawback.27 Jul 05:00 PM
Banking and financeFMA issues landmark stop orderThe Financial Markets Authority has issued a stop order for the first time, prohibiting offering or issuing debt securities.27 Jul 04:20 AM
Banking and financeLowest mortgage rates since 1955It's a 60-year low as banks vie to undercut each other.27 Jul 02:32 AM
Banking and financeHow many jobs at stake?Union chief says he received a tip that hundreds of Westpac staff face losing their jobs.26 Jul 11:40 PM
Banking and financeLuigi Wewege back on FSPR registerA firm directed by Luigi Wewege is back on the Financial Service Providers Register while it appeals being kicked off.26 Jul 11:19 PM
BDBDBanking and financeNZ dollar weakens as commodity prices fallThe dollar fell after signs of weaker Chinese manufacturing activity dented demand for commodity currencies.26 Jul 08:43 PM
Banking and financeSuited-up Daniell plays by the rulesJosh Daniell says he doesn't have any trouble being taken seriously as a millennial running a finance business.26 Jul 05:00 PM
BDBDBanking and financeNZ dollar holds gains following OCR cutThe New Zealand dollar held onto some of its gain after the Reserve Bank yesterday cut the benchmark interest rate.23 Jul 08:53 PM
Banking and financeWill you pay less on your card?Credit card debt is considered unsecured debt unlike your mortgage where a bank can sell your house if you fail to make payments.22 Jul 09:30 PM
BDBDBanking and financeDollar falls ahead of expected interest rate cutThe New Zealand dollar has fallen ahead of the Reserve Bank's expected interest rate cut this morning.22 Jul 08:30 PM
Banking and financeBNZ tips dairy price recoveryBNZ has lowered its 2015/16 milk price forecast for Fonterra but says it expects dairy prices to recover late this year.22 Jul 05:00 PM
Banking and financeBanking sector cashes in on technologyDisruption is not something the Co-Operative Bank or BNZ have actively sought, they say, but was rather a by-product of striving for improvement.22 Jul 05:00 PM