Banking and financeProperty favoured asset of wealthy classesThe China Private Banking Report 2012, by China Minsheng Bank and McKinsey, surveyed 700 Chinese with more than $1.2 million in investable assets.19 Nov 04:30 PM
Banking and financeANZ boss banks 11pc pay boostANZ's New Zealand boss has received an 11 per cent boost to his pay package mainly driven by an increase in rights to own more shares in the bank.19 Nov 04:30 PM
BDBDBanking and financeSFO begins probe into fund managerThe SFO is investigating fund manager David Ross and his firm after receivers found records for $10.2 million of the $449.6 million he purportedly managed.18 Nov 11:45 PM
BDBDBanking and financeNZ services sector expands at cracking paceNew Zealand's services sector grew at its fastest recorded pace last month as sales activity rallied, ending a recent horror run of data.18 Nov 10:30 PM
Banking and financeBank policy might hinder bailoutsBut a systemically important bank may not be allowed to fail in future, says S&P.18 Nov 04:30 PM
Banking and financeFear driving improved NZ savingsBetter attitudes towards saving and debt reduction in New Zealand are being driven by fear and are unsustainable, says the head of a major bank.16 Nov 01:00 AM
Banking and financeCompany accused of Ponzi-type schemeReceivers of the embattled Ross Asset Management say the Wellington fund manager appears to have "characteristics of a Ponzi scheme".15 Nov 01:00 AM
Banking and financeMP accuses banks of 'gouging' farmersBill English has defended banks against accusations from one of his own MPs that they are "gouging" customers with high overdraft rates, especially for farmers.13 Nov 11:55 PM
BDBDBanking and financeNZ dollar gains after troika's Greece reportThe New Zealand dollar gained after a report proposed giving Greece two more years to meet budget targets.12 Nov 08:15 PM
Banking and financeBig loans, big risksBanks again are offering big loans to property investors, but they come with a warning to those who assume they can leverage their way into high returns.10 Nov 04:30 PM
