Banking and financeDominion Finance trio plead guiltyThe last men standing from Dominion Finance have now pleaded guilty but could still face further court action if authorities continue with their civil case against the firm's directors and seek penalties of up to $500,000 from each of them.26 Jun 05:30 PM
Banking and financeCheap loan clicks with puntersA mortgage interest rate below 2.48 per cent, determined by the number of "likes" the promotion gets on Facebook, is the latest bank bid to generate customers.26 Jun 05:30 PM
Banking and financePhone recordings spark pledge to probe bank disasterIreland's Parliament will open an investigation into the disastrous bailout of Anglo Irish Bank following newly disclosed recordings of telephone calls that show former directors conspiring to conceal the true scale of the bank's losses.26 Jun 05:30 PM
Banking and financeDominion Finance trio plead guiltyDominion Finance and North South Finance directors Rick Bettle and Vance Arkinstall have pleaded guilty to five Securities Act charges in the High Court.25 Jun 10:40 PM
Banking and financeChina fall spooks marketsMarkets across the region were further rattled yesterday as the Chinese stockmarket fell to its lowest level in four years.25 Jun 05:30 PM
Banking and financeNZ market still dealing with US falloutOngoing fallout from the US plan to easemoney printing policy and uncertainty in Asian markets are being blamed for a fall on the New Zealand share market.25 Jun 07:10 AM
Banking and financeBank fees lawyer talks toughFair Play on Fees lawyer Andrew Hooker was talking tough as he filed the first documents in the case against ANZ bank at the High Court in Auckland today.25 Jun 02:00 AM
Banking and financeBank fee lawsuit hires top QCHigh-powered QC Bruce Gray has been appointed lead counsel in a lawsuit targeting penalty fees charged by New Zealand's biggest banks.24 Jun 09:45 PM
Banking and financeFive Star loans laundered, court toldThe elderly accountant - who has been declared bankrupt twice since age 60 - was sentenced to three years, seven months in jail earlier this year.24 Jun 05:30 PM
Banking and finance32,000 join bank fee lawsuitA lawsuit claiming the ANZ Bank charged "excessive" penalty fees is to be filed in the High Court at Auckland today.24 Jun 05:30 PM
Banking and financeOz market slumps over China credit crunch fearAustralian shares have posted their largest one-day loss in two months as nervous investors looked to steep falls on Asian markets over fears of a credit crunch in China.24 Jun 05:30 PM
BDBDBanking and financeMediaWorks narrows loss to $90mMediaWorks NZ, the broadcaster whose lenders look likely to seize control, narrowed its annual loss in 2012 after massive writedowns a year earlier.24 Jun 02:30 AM
Banking and financeFive Star party deals at trial centreThe High Court hears bankrupt accountant Neill Williams knowingly participated "in the misappropriation of investor funds".23 Jun 11:30 PM
Banking and financeFixed rate may spell end of mortgagesThe beginning of the end may have begun for record-low mortgage rates in New Zealand.21 Jun 05:30 PM
BDBDAged careFMA lines up two KiwiSaver fundsThe FMA is preparing to take action against two unnamed KiwiSaver issuers for making misleading statements in their offer documents.21 Jun 01:00 AM
BDBDBanking and financeNew low for MRP sharesMighty River Power shares slumped to a new low of $2.23 this morning as the local stock exchange followed world markets down, reaching its lowest point in a month.20 Jun 11:50 PM
BDBDBanking and financeWorld shares, bonds drop on Fed taper newsWall Street has declined after Fed chairman Ben Bernanke said the central bank may begin tapering its US$85 billion-a-month bond-buying program later this year.19 Jun 07:45 PM
Banking and financeBank suit gets 4000 new sign-upsMore than 4000 extra people have signed up overnight to join a legal bid to sue the banks over penalty fees after ANZ was named yesterday as the first target.19 Jun 03:05 AM
Banking and finance$165m BNZ facility boost for 2degrees2 degrees has negotiated a $165 million credit facility from the Bank of New Zealand and is immediately handing over $120 million to clear a debt owed.18 Jun 05:30 PM
Banking and financeANZ exec confident bank in the clearANZ head of retail banking Kerri Thompson says she is confident the bank will "come out in the clear" in a legal case claiming it has charged excessive penalty fees to customers.18 Jun 05:30 PM
OpinionGareth Morgan: Reserve Bank solution misses the pointThe Reserve Bank has announced it will lift the ratio of deposits to loans in order to take the heat out of the housing market, writes Gareth Morgan.18 Jun 05:30 PM
Banking and financeBank law suit 'matter of principle'For Ivor de Menefy it's not about the money, it's a matter of principle.18 Jun 05:30 PM
Banking and financeANZ Bank first to court in fee caseThe New Zealand Bankers' Association expects a legal case claiming the ANZ charged its customers unfair penalty fees will be vigorously defended.18 Jun 03:55 AM
Banking and financeFirst bank to be named in fees lawsuitThe first bank to be taken to court in a law suit targeting "unfair" default fees is to be named today.17 Jun 10:20 PM