Banking and financeHanover accord offers little closureThe FMA's $18 million Hanover settlement leaves the public none the wiser on whether the six defendants breached disclosure obligations or not.06 Jul 05:00 PM
Banking and finance'Hard to be bullish' on dairy pricesNZX dairy futures pricing continues to point to more weakness in the whole milk powder market, following on from the sharp decline at last week's GlobalDairyTrade auction.06 Jul 05:00 PM
Banking and financeMilford Asset loses wholesale clientsMilford Asset Management has lost five wholesale clients, including financial services provider Mercer, since its $1.5 million settlement with the FMA last month.06 Jul 05:00 PM
Banking and finance'No' vote leads to stormy day of tradingGreece’s “no” vote on austerity measures lead to a tumultuous day of trading across equity markets – including New Zealand and Australia.06 Jul 06:51 AM
Banking and financeHanover settlement some comfort - PMThe $18m settlement between Hanover Finance's directors and promoters and the Financial Markets Authority should be of some comfort to investors, says John Key06 Jul 05:53 AM
Banking and financeMilford loses clients following FMA settlementMilford Asset Management has lost five wholesale clients since its $1.5 million settlement with the Financial Markets Authority last month.06 Jul 04:21 AM
Banking and financeFMA wouldn't have won at trial: HotchinHanover directors take a shot at the Financial Markets Authority as an $18 million settlement is reached with the regulator.06 Jul 01:07 AM
BDBDBanking and financeThe $18m Hanover dealCivil claim against directors and promoters of failed finance company settled just two weeks before court date.05 Jul 10:15 PM
BDBDBanking and financeGreece says no, NZ dollar plummetsThe dollar hits a five-year low as Greeks reject austerity in referendum.05 Jul 08:44 PM
OpinionFMA boss favours civil actionHamish Fletcher says he FMA, after some law changes, now has the tools that allow it to proactively stamp out misleading conduct in the market.05 Jul 05:00 PM
Banking and financeMarket watchdog shows it's ready to biteFinancial Markets Authority chief executive Rob Everett says the settlement with Milford Asset Management over market manipulation issues has been an uncomfortable wake-up call.05 Jul 05:00 PM
Banking and financeAussie spending fails to increaseAustralia's May interest-rate cut and federal budget measures to loosen small business purse strings failed to provide a significant boost to retail spending in the month.05 Jul 05:00 PM
Banking and financeWhat the world needs now is a single currencyBecause Greece doesn't have its own currency, it couldn't increase its competitiveness and boost growth through devaluation.04 Jul 12:00 AM
Banking and financeRecession lurks in shadowsNew Zealand is enjoying 3.2 per cent economic growth and 0.1 per cent inflation, the statisticians tell us, but Bank of New Zealand economists warn we could see those numbers switch.03 Jul 05:00 PM
Banking and financeGreek banks - last €500mGreece is sliding into a full-blown national crisis as the final cash reserves of the banking system evaporate.03 Jul 01:43 AM
OpinionBrian FallowBrian Fallow: Reserve Bank's loan limits under attackAdvice released under the Official Information Act reveals a Treasury sceptical of the case for targeting high-LVR investors in Auckland, writes Brian Fallow.02 Jul 09:34 PM
Banking and financeBank tips big OCR cuts comingASB Bank says it now expects the Reserve Bank to slash the OCR throughout this year, returning rates to a record low of 2.5pc.01 Jul 11:05 PM
Banking and financeLuigi Wewege's firm deregisteredA firm directed by Luigi Wewege, one of the central protagonists in the Len Brown infidelity scandal, has been kicked off the Financial Service Providers Register.01 Jul 06:14 AM
BDBDBanking and financeDollar touches fresh lows as weak economy stokes rates cut calls30 Jun 08:55 PM
BDBDBanking and financeNZ business confidence turns negativeBusiness confidence turned negative this month for the first time since February 2011, led by a gloomy agriculture sector.30 Jun 02:25 AM
Banking and financeEurope urges Tsipras to step backWhile Tsipras' decision to hold a ballot increased the risk of Greece exiting the euro, evidence of contagion elsewhere was limited.29 Jun 11:15 PM
BDBDBanking and financeJob market confidence lowNew Zealanders grew more downcast about the state of the labour market in the second quarter, with a softer outlook for wage growth weighing on confidence.29 Jun 05:00 PM
Banking and financeTraders brace for falling NZ dollarCurrency traders will be on tenterhooks this week as the Greek sovereign debt crisis goes from bad to worse, with more downward pressure likely to come on the Kiwi dollar.29 Jun 05:00 PM
Banking and financeWorld markets slump as Greek crisis impacts on NZThe world’s stockmarkets have started to feel the impact of Greece’s looming financial disaster and New Zealand is not immune.29 Jun 06:17 AM
BDBDBanking and financeNZD falls to fresh lowThe kiwi dollar has fallen gain, as the Greece debt crisis pushes investors into 'safe havens".28 Jun 08:50 PM
OpinionLiam DannGreek exit: What it meansIt is crunch time for Greece. Again. Yes, you've heard that before, probably many times since the country's debt crisis first blew up around 2009.28 Jun 05:00 PM
Banking and financeFinance boss hand over $1.8m to policeConvicted former Capial + Merchant boss Neal Nicholls will forfeit assets worth $1.8m to the police.24 Jun 11:20 PM
Banking and financeDollar's tumble surprise for firmsThe swiftness of the New Zealand dollar's drop in recent weeks has taken many businesses by surprise, says ASB Bank.24 Jun 05:30 PM
Banking and financeJBWere rides crest of tech waveTechnology is playing an increasingly important role in the finance industry as capital transfers from one generation to the next, says JBWere New Zealand head Craig Patrick.24 Jun 05:00 PM
Banking and financeBankruptcy infuriates creditorsCreditors pursuing Glenn Walker are fuming the Geneva Finance founder got in first and bankrupted himself.24 Jun 05:00 PM
BDBDBanking and financeNZ dollar rises from 5-year lowThe New Zealand dollar rose from a five-year low as investors weighed up the outlook for the US economy and interest rate increases.24 Jun 05:43 AM