Banking and financeClients lost millions: $4000 fineA Christchurch financial adviser whose clients lost $6 million in Ross Asset Management's collapse has been censured and fined $4000.27 Sep 12:40 AM
Banking and financeEnglish: Home-loan ban will block 8000 buyersUp to 8000 families, couples and individuals trying to get into their first home will be stymied by the Reserve Bank's new lending restrictions, Finance Minister Bill English has acknowledged.26 Sep 05:30 PM
Banking and financeKiwi charged in rates rigging scandalA New Zealander working for a major world banking company has been charged by US prosecutors in New York for allegedly taking part in the massive LIBOR rates rigging scandal.26 Sep 12:20 AM
Banking and financeRejected ASB borrowers told to complainCustomers unhappy with their pre-approved loans being pulled by ASB are being encouraged to take the issue up with the Banking Ombudsman.25 Sep 05:30 PM
Banking and financeKiwiSavers beware - studyAn academic is warning savers to be wary of promises made by KiwiSaver providers.25 Sep 05:30 PM
Banking and financeRogue mortgage manager reined inA Kiwibank mortgage manager has been reined in after wrongly telling a customer it was pulling low deposit pre-approvals.25 Sep 01:45 AM
Banking and financeDitch home loan restrictions: LabourLabour is promising to dump the Reserve Bank's new home loan restrictions - for first home buyers only.24 Sep 05:30 PM
Banking and financeTourism future bright: reportResearchers at Westpac have painted a bright future for the tourism sector.24 Sep 05:30 PM
Banking and financeFonterra's record milk priceFonterra has once again raised its farmgate milk price for the 2013-14 season, this time by 50c to a record $8.30 per kg of milk solids.24 Sep 05:30 PM
Banking and financeASB 'let down' customers - EnglishFinance Minister Bill English says ASB Bank has "let down" customers by cancelling home loan approvals as a result of new lending restrictions.24 Sep 12:25 AM
Banking and financeSummer surge tipped for NZ tourismAfter being in the doldrums for most of the last 10 years, the tourism sector is being tipped to go through an upturn.23 Sep 11:25 PM
Banking and financeASB ditches pre-approved low-equity loansASB Bank has pulled the plug on existing pre-approvals for low-equity home loans from October 4 but rival banks say they will continue to honour their pre-approvals.23 Sep 05:30 PM
Banking and financeASB pulls low deposit loan offersASB Bank has cancelled all pre-approvals for home loans over the 80 per cent loan to value ratio with effect from October 4.23 Sep 02:20 AM
Banking and financeBanks start to move goalpostsBanks have already started tightening up their lending criteria for customers seeking low-deposit mortgages, despite new regulations not kicking in until next month.19 Sep 05:30 PM
Banking and financeMansion's home jail hurdleAnn Butler's $6.8m mansion is so big that probation staff were unsure if the whole house could be electronically monitored while she's on home detention.18 Sep 05:30 PM
Banking and financeLaw set to aid class actionsAn overhaul of capital markets law is expected to open the door for out-of-pocket investors to launch big civil cases against those involved with misleading offers.16 Sep 05:30 PM
Banking and financeSales growth slows, property up $5kNew figures show national property prices were up $5,000 in August, taking the national median price to $390,000.15 Sep 11:45 PM
OpinionLiam DannLiam Dann: Never forget Lehman lessonI love nostalgia. Everything seems better viewed through the prism of the past. Big events certainly seem less terrifying.15 Sep 05:30 PM
Banking and financeInvestor interest returns to bondsBond markets have undergone a sea change during the last few months, say fixed interest specialists.15 Sep 05:30 PM