Major banks shut Auckland branches for level 3
BNZ previously had nine branches open with limited hours.
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Latest fromBanking and finance
ASB boss' big pay packet cut
Vittoria Shortt's pay package takes half-a-million-dollar hit.
Less grim: Economists forecast lower lockdown damage this time
A 'less downbeat' economic outlook from Westpac factors in resilience in June and July.
Co-defendant in CBL fraud case argues for name suppression
The man faces charges of theft, obtaining by deception and false accounting.
Businesses in weaker starting position - new lockdown forecasts
Strong rebound after lockdown 1 has combined with new lockdown costs to change forecasts.
NZ's biggest bank puts aside more money for doubtful loans
Bank reveals more impacts from Covid-19.
How low can they go? TSB drops mortgage rate to 2.49%
TSB claims to have the lowest one and two-year home loan rates in NZ.
Covid-19: Bank boss' dire prediction
Banking boss says Covid-19 has left its offices largely vacant.
The dilemma banks face over mask wearing
Should customers wear a mask when they enter a bank branch?
Business Hub: RBNZ bracing for the long haul
RBNZ chief economist on why he's looking through current the lockdown crisis.
New lockdown will cost economy almost $440m a week
Economic impact of new lockdown is still modest - for now.
Mortgage deferral scheme to be extended
The Reserve Bank has reached an in-principle agreement with the banks.
Bank boss backs extension to mortgage deferral scheme
ASB boss would like to see an extension of the mortgage deferral scheme.
ASB boss says economy will be in for bumpy ride after change in alert levels
ASB has announced a 20 per cent drop in its cash profit for the year to June 30.
Banks close Auckland branches to prepare for 3-day lockdown
Banks have moved quickly to prepare for going back into lockdown.
Kate MacNamara: What $640m buys in the Reserve Bank's new budget
Funds are a win for Orr, but it's not clear that NZ will receive the value he claims.
Bank complaints: 21,000 in three months
First time complaint numbers have ever been revealed for the banks.
Bank fees threaten no-touch payments
Retailers took up contactless payment under lockdown but will they ditch it now?
Major bank under investigation over claims of spying on staff
Systems allowed managers to track how long staff were away from their desks.
Liam Dann: Why Key's grim financial crisis call is a timely warning
Sir John Key has warned we face a financial crisis. Is he right? And what would that mean?
Bank exposure to missed business loan payments creeps up
The average exposure to missed business debt payments is rising.
Kiwis use spare lockdown cash to pay off home loan mortgage debt faster
More than $400 million extra was paid off mortgages by customers of Westpac.
Liam Dann: Unemployment's OMG moment - what really happened to jobs
Good, bad or meaningless? We knew unemployment data would be weird but it still surprised.
Former CBL boss Peter Harris appears in court over fraud charges
CBL had a market value of $747m when its shares were suspended from trading in 2018.
Publishers, MBIE owed money by collapsed financier
Four secured creditors at top of long list.
The big ugly number due today - and what it will tell us
Unemployment will look ugly, but the true picture requires a deeper dive into the data.
Banks' covid-related provisions likely much smaller in June quarter
According to a graph presented by Reserve Bank deputy governor Geoff Bascand.
4200 Kiwibank customers hit by privacy breach
The bank has contacted the Privacy Commissioner over the violation.
NZ corporates turn to KiwiSaver as bank funding slows
Corporates are turning to the bigger KiwiSaver asset managers as a source funding.
ANZ takes $22m stake in Pacific Edge
Pacific Edge will issue 33.8 million shares to ANZ at 65 cents per share.
Kiwibank backtracks on brothel business ban
Kiwibank will stop grouping the sex industry with harmful businesses and allow investment.
Commonwealth Bank launches initiative to combat financial abuse
Thousands have been revealed to be taking part in a 'horrifying' new form of online abuse.
Investors unhappy banks blocked $3m in transfers to US firm
Protesters say a bank is blocking their bid to invest in a US-based company.
What led police to release photos of suspected Wilson Parking card skimmer
Skimming fraud hits hospital ticket machines, investigation underway.