Latest from Banking and finance

$6m missing: Liquidators reveal suspicious transactions at failed Auckland crypto firm

The Serious Fraud Office is investigating.

US held secret talks with Iran over Red Sea attacks

Financial Times: Indirect negotiations in Oman aimed to end Houthi strikes.

Former Napier mortgage broker sentenced for falsifying loan applications

Natalie Ann Carter applied for seven loans totaling nearly $3 million.

Bank profits may have plateaued as operating expenses rise

While banks had a good year in 2023, the sector's growth may have plateaued.

US inflation jump highlights ‘last mile’ challenge for Fed

Financial Times: Surprise set to be scrutinised as central bank weighs interest rate cuts.

Inside Economics with Liam Dann: Why can’t Kiwis fix their mortgage for 30 years?

In the second of his new mid-week columns, Liam Dann answers reader questions.

Could deposit insurance make finance companies more attractive?

Non-bank deposit takers might have more to gain from new insurance scheme than banks.

Telegram hits 900m users, nears profitability as founder considers IPO

Pavel Durov grants a rare interview to The Financial Times.

Temu ex-workers suffer surveillance and financial ruin over non-competes

Financial Times: Low-level workers face high cost for leaving tech companies for rivals.

ELE group collapse: Deloitte to sell security company

The sale 'allows for the ongoing employment for staff'.

The mysterious rise of the Chinese e-commerce giant behind Temu

Financial Times: Its finances are a black box and its operations shrouded in secrecy,

Editorial: Brace for some serious economic pain ahead

OPINION: Credit and mortgage distress is rising fast as interest rates bite.

‘Done and dusted’: More Kiwis believe housing market downturn is over

Confidence in housing market is on the rise, with expectations interest rates have peaked

BNZ cuts some home loan rates after rivals make moves

Less-hawkish tone, property glut part of wider landscape influencing banks.

Rich list family member wins $12.8m damages in 24-year pursuit of lost money

Gold coins, Rolex and rare watches, 50 wrapped paintings, rare pens in British storage.

Will Big Tech agree to play by Europe’s rules?

Financial Times: Is the deadline for new competition rules too little, too late?

ANZ's Commodities Index gained 3.5 per cent in February

The twin canal crises are impacting smaller Kiwi exporters especially.

Property Insider: Summerset rising on Ryman; lender didn't call 18-unit sale

While Ryman Healthcare has problems, Summerset goes from strength to strength.