OpinionEditorial: Banks lose comfort of being 'too big to fail'Everybody with money in a bank in this country will be alarmed at first reading of the Reserve Bank's plan to seize some depositors' funds in the event of its failure.20 Mar 04:30 PM
Banking and financeWe're no Cyprus, says Reserve BankThe Reserve Bank says its plans for dealing with potential bank collapses are very different from what's being seen in Cyprus.20 Mar 01:00 AM
Banking and financeRisk to savings if bank failsKiwis with money in the bank could see their nest eggs and savings dwindle in a government move the Greens say is a "Cyprus-style solution" to help out failing banks.19 Mar 04:30 PM
OpinionBryan Gould: Cyprus outrage not too far from home"Who should bear which liabilities in the event of a banking collapse?" asks Bryan Gould. "The NZ proposal is an astonishing assault both on the property rights of depositors and on confidence in the banking system."19 Mar 04:30 PM
Banking and financeConfidence levels decent but not spectacular - pollConsumer confidence is holding up at "decent but not spectacular" levels in the latest Westpac McDermott Miller quarterly survey.18 Mar 04:30 PM
OpinionDavid Mayes: Government must insure our savingsAll advanced countries except NZ offer protection for ordinary depositors of up to $300,000 a deposit in each financial institution, writes David Mayes.18 Mar 04:30 PM
OpinionHelen TwoseHelen Twose: Payment frequency's your choiceSpreading your contributions over a period of time can help smooth out some of the fluctuations in the entry price of your fund.18 Mar 04:30 PM
BDBDBanking and financeDrought fails to dampen confidenceKiwis continue to feel relatively chipper about their economic circumstances, despite the drought and a string of high profile job cuts, a new survey shows.17 Mar 10:00 PM
Banking and financeClass actions needed in NZ, says lawyerClass action acts as a "handbrake to corporate mischief" and should be allowed in New Zealand, says a Christchurch lawyer.17 Mar 04:30 PM
Banking and financeTargeting the banksThis week's move by a group of lawyers to take legal action against the NZ banks over default fees is not the first time banks have come under pressure.15 Mar 04:30 PM
Banking and financeExtra year's jail for finance directorA former director of the failed firm Capital + Merchant Finance has been handed an extra year in prison and two others have been sentenced home detention and community work.14 Mar 10:15 PM
Banking and financeFive Star accused 'integral' - judgeA judge has found that Neill Williams, who claimed to only do work for the Five Star finance companies, was an integral part of all major decisions at the company.14 Mar 06:40 PM
Banking and financeASB will fight fee claims, says ownerCommonwealth Bank of Australia boss Ian Narev says his bank and its New Zealand subsidiary ASB will vigorously defend accusations of unfair and illegal default fees levelled by a legal consortium.14 Mar 04:30 PM
BDBDBanking and financeWheeler jolts market despite OCR holdThe kiwi dollar dropped by 1 US cent after the Reserve Bank warned that a strong currency could always prompt an OCR cut.13 Mar 10:37 PM
BDBDBanking and financeReserve Bank leaves OCR on holdThe Reserve Bank says the Official Cash Rate will stay at its record low of 2.5pc. The kiwi dollar dropped on the news.13 Mar 10:17 PM
OpinionClaire Matthews: Win on bank fees suit may send wrong messageA massive class-action suit being taken against New Zealand's big four banks and Kiwibank was announced with much fanfare earlier this week.13 Mar 08:30 PM
Banking and financeKiwis stung by bank feesKiwi bank customers are being stung by significantly higher default fees than their Australian counterparts but some say banks across the Tasman are undercharging.13 Mar 06:17 AM
Banking and financeWhat would you ask Don Elder?Prime Minister John Key says he would be amazed if any surprises emerged from former Solid Energy chief executive Don Elder's appearance before a select committee tomorrow.12 Mar 11:04 PM
Banking and financeWhat would you ask Don Elder?Both of the men who steered state coal miner Solid Energy to the brink of financial ruin will tomorrow face MPs questions about their oversight and management of the company.12 Mar 09:33 PM
