Banking and financeASB profit hits $806m highAn improving economy helped boost ASB's annual net profit by 14 per cent to a record $806 million, but the bank's chief executive, Barbara Chapman, says bad-debt expenses are likely to begin trending upwards from their present low levels.13 Aug 05:00 PM
Banking and financeLoan shark victim welcomes crackdownA new war on "loan sharks' should help bankrupt Auckland mum Farrah Matthews, who ended up paying $29k for a $12k car - borrowing money at 29 per cent interest.13 Aug 05:00 PM
Banking and financeGerman yields near 1pc as Japan-style risks growECB reluctance to adopt full-scale quantitative-easing policies is prompting German comparisons with Japan's stagnation over the past 15 years.13 Aug 04:20 AM
Banking and financeLoan scheme to knock out 'loan sharks'Almost 1 million families will be eligible for low- and no-interest loans under a new Government-backed scheme aimed at saving low-income families from "loan sharks".13 Aug 12:00 AM
Banking and financeASB banks record $806m profitAn improving economy and favourable funding conditions helped ASB Bank boost its annual statutory net profit by 14pc to a record $806 million.12 Aug 11:59 PM
Banking and financeNZ on cusp of buy-up boonNew Zealand could be on the cusp of a big lift in mergers and acquisitions activity, driven in part by increasing Asian interest in local companies.12 Aug 05:00 PM
Banking and financeEconomy riding the road to growthANZ's Truckometer recorded an increase in heavy traffic on roads last month.12 Aug 05:00 PM
Banking and financeNZ leading way for Domino's growthDomino's Pizza Enterprises says its New Zealand outlets have shown the strongest growth of its businesses around the world in the past year.12 Aug 05:00 PM
Banking and financeParoled director gets work from convicted fraudsterFailed finance company director Trevor Ludlow has done contract work for a receiver with his own fraud convictions since being released on parole.12 Aug 02:30 AM
Banking and financeCard transactions up in JulyConsumers' plastic cards saw more of the light of day last month.11 Aug 05:00 PM
Banking and financeWould a 'Banker's Oath' tame some financiers?A British organisation has released a report titled "Virtuous Banking", which offers suggestions for reforming the financial industry.11 Aug 02:50 AM
BDBDBanking and financeBrewer seeking crowd-funding cancels dividendsShareholders in Renaissance Brewing company have cancelled their claim on $147,000 of earnings to make it a more attractive investment opportunity.11 Aug 02:47 AM
Banking and financeAsset prices look stretchedIt is a time for investor caution as asset prices look increasingly stretched, warns Bank of New Zealand economist Stephen Toplis.10 Aug 05:30 PM
Banking and financeNew global crash looming: bank bossAnother crash in global asset prices could be brewing according to Raghuram Rajan, Governor of the Reserve Bank of India.10 Aug 05:00 PM
Banking and financeBrian Henry admits market manipulation - FMADiligent Board Member Services founder Brian Henry has admitted to market manipulation and will pay a $130,000 penalty after settling with the Financial Markets Authority.07 Aug 05:21 AM
Banking and financeKids solve bank's access problemA group of primary school children have solved a problem that our biggest bank couldn't solve - finding a way to let disabled people into its downtown Auckland branch.05 Aug 05:00 PM
Banking and financeWestpac nears release of 3D banking appWestpac New Zealand says it is gearing up to release a world first banking app that will allow customers to view their account details in 3D.05 Aug 02:44 AM
Banking and financeAllan Hubbard 'disdain' detailedSouth Canterbury Finance boss Allan Hubbard "had little interest" in meeting accounting or legal requirements, and colleagues went along with fraud, a court hears.04 Aug 11:55 PM
