Mortgage wars: Big bank cuts interest rates for low-deposit home-loan borrowers
Low equity borrowers will now be able to access special rates.
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Latest fromBanking and finance
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Police investigation launched, company audits 500 machines.
NZ banks expected to weather Covid-19 storm but risks remain
But risks remain from the pandemic lasting longer and delays in a vaccine.
ANZ to pay $19,000 following deathbed visit by banker
The bank also issued an apology to the family following a near two-year fight.
Peter Lyons: Money, banking and the post-Covid economy
Comment: The dark art of private banks magically creating money is little understood.
NZ banks' credit losses to rise to 12x 2019 level - S&P
A contracting economy and rising unemployment will affect banks' asset quality metrics.
Cashless future comes a big step closer
New York Times: Quest for cleanliness is encouraging shoppers to abandon notes and coins.
Reserve Bank mulls mortgage holiday extension
Australia has extended its mortgage deferral scheme by another four months.
Bank fees: When to break your home loan rate
There are some tempting deals on offer but should you go for them?
The end of face-to-face banking? Covid lockdown hastens branch closures
More than 30 branches have closed since March 26.
Bank profits dropped 20pc in March quarter, full impact still to be revealed
A significant increase in impaired assets has dragged down bank profits.
GFC fraud case: Ex-board member wants costs after partial-acquittal
Paul Bublitz was released from prison last year after a successful appeal.
ASB to close 9 branches and reduce hours on 25 others
It will also hire people into 150 new roles.
ASB customers demand branches reopen, bank defends
'Branch teams are currently dealing with mammoth task' - ASB's Craig Sims.
Continuous Disclosure: Goldman Sachs' golden run, Delegat's good drop
When a good drop is good news.
Buoyant investor confidence worries regulator
Investor confident didn't fall despite coronavirus outbreak causing market volatility.
How one Kiwi company went from LA award-winner to receivership
The once award-winning business owes $7.3 million.
Alleged $50m money laundering breaches for Hong Kong subsidiary
The accused company provides financial services, including broking and derivatives.
Covid crunch: NZ house prices tipped to fall by 10 per cent
S&P says the credit ratings of local banks should hold despite a 10% fall in house prices.
Nikko opens GoalsGetter platform to financial advisers
The minimum upfront investment on the platform is $250.
Ombudsman prepares for onslaught of banking complaints
KiwiSaver withdrawal and mortgage deferral complaints rose during Covid-19 lockdown.
GDP data to show economy on its way into recession
We get a first look at the Covid-19's economic effect with 1st quarter GDP data this week
Banks stopped selling controversial insurance product
Only Kiwibank still sells the insurance product.
Businessman pleads guilty in fake foreign investment fraud case
The FMA said the fraudster obtained just under $100,000 from those he contacted.
Mortgage wars: Kiwibank slashes home loan rates
State-owned bank cuts variable rates on business and home loans.
Bank and insurance licensing law change doesn't go far enough, Consumer says
Hearings on bill proposing to license conduct of financial institutions start Wednesday.
Kiwis reveal their biggest financial worries
A new survey sheds light on what's keeping Kiwis up at night.
ANZ strife: More bad news for country's largest bank
ANZ New Zealand now facing legal action on multiple fronts.
'As good as John Key': Bragging trader used stolen millions to fund luxury life
Steven Robertson used stolen millions to fund a luxury, jet-setting lifestyle.
Regulator takes action against ANZ for insurance that offered no cover
Financial Markets Authority alleges bank sold insurance policies that offered no cover.
The other cloud hanging over NZ's economic recovery
The recovery will take way longer if Kiwis aren't willing to spend.
Westpac loan targets rise in work from home
Bank offers up to $10k interest-free as more opt to work from home.
Japan's Shinsei Bank to buy UDC Finance for $762m
ANZ has been trying to offload UDC for some time.
Mortgage wars should spark boost to lending
Mortgage lending was slashed to about half of normal levels last month due to Covid-19.