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Latest fromBanking and finance
Remaining Bonus Bond holders to get little bit extra
Bondholders will get their final payout in the second half of this year.
'A convoluted nightmare': The pensioner who discovered she didn't own her home
Alleged investment scheme that's seen family homes up for mortgagee sale referred to SFO.
Robertson says Govt will review Westpac's role as country's banker
The contract is up for renewal in 2023.
ASB boss points to 'warning signs' in Kiwis savings' habits
Research found many have less than $1000 saved as a backup.
Why Westpac's NZ move could be followed by other banks
Past experience has shown what one big Aussie bank does the others do too.
Duncan Bridgeman: Could Westpac juice up the New Zealand sharemarket?
With the right governance and price, Westpac would attract significant investor appetite.
Investment property interest write-off change prompts rethink by major bank
ANZ says its affordability equations will need to be reviewed.
Markets watchdog takes Rockfort to task over misleading ads
The FMA has directed Rockfort Markets to remove or amend ads on its website.
Reserve Bank takes action against Westpac
Westpac required to commission two independent reports over risk governance concerns.
'Chilling effect': New policies risk impacting on wider economy
New housing policies will slow the housing market but could they also slow the economy?
Simplicity commits $20m to Aotearoa Pledge housing fund
The contribution is the largest to date for the Aotearoa Pledge.
Christopher Niesche: ASB parent targets Afterpay
OPINION: A measure of the threat that fintech poses to the major banks.
Finance firm recorded $15m loss before FMA restricted trading
Auditor qualifies opinion on Auckland-based broker's accounts.
FMA chief executive Rob Everett to depart
Rob Everett has headed up the Financial Markets Authority for seven years.
Business Hub: FMA official watching for banks behaving badly
Bolingford will use her experience handling UK banks during the GFC.
New Treasury role for Westpac chief economist
Dominick Stephens will work with Treasury on a 10-month secondment from Westpac.
ANZ fined $280,000 for misleading credit card insurance policies
"ANZ simply was not looking or looking adequately in the right places."
Financial adviser warned by regulator over KiwiSaver advice
Adviser told clients to move their KiwiSaver to low risk funds amidst Covid uncertainty.
ASB CEO: 'We are not out of the woods yet'
ASB boss talks about how the bank responded to Covid-19 situation.
Derivatives firm director a 'gun for hire', says FMA
Pegasus Markets was earlier fined $200,000 for the breaches.
Revealed: How many complaints your bank has received
The Banking Ombudsman has also launched a whistleblower service for bank workers.
Housing boom 'past its peak': Why major bank now predicts prices will fall
'The current boom has, in one sense, already passed its peak' - Dominick Stephens.
What the latest lockdown could cost NZ economy
Sacrifice being concentrated in a few key areas.
Lewis Rd Creamery owner to get loan discounts for hitting environmental farming targets
The BNZ loan is the first to provide financial incentives to a farming business.
Bank offers 1.75 per cent deposit rate, but there's a catch
Savers have to lock their money in for a long time to get the higher rate.
No slowdown in home loan applications yet, says Kiwibank boss
Investors still on the hunt for property.
Kiwibank plans to close seven branches
Kiwibank made the announcement while releasing an improved half year result.
Liam Dann: RBNZ pushes back on celebrating recovery too soon
The RBNZ is waging a battle with bullish markets over recovery expectations.
NZ bank profits fell 28 per cent in 2020, to $4 billion
Impaired asset expenses rose sharply across the banks.
Liam Dann: Ratings upgrade a big tick for NZ, but what will it mean?
While NZ's ratings upgrade is definitely good news, the immediate impact may be muted.
Heartland lifts first-half profit by 10.6%
Full year guidance expected at upper end of range.
Liam Dann: What snap lockdown means for interest rates
This lockdown hasn't shifted economic forecasts but that doesn't mean it has no influence.