Latest from Banking and finance

Inside a multi-million-dollar, eight-year divorce scrap

Sarah Sparks split from Greg Olliver eight years ago - and now it's heading to court.

Property developer's trust shows $15m after $93m debt deal

A property developer's trust had $15m just years after a deal over $93m in debt.

NZ stocks jump, investors optimistic about rate cut prospects

Investors have cheered the response from central banks.

Government 'must use fiscal war chest' to shore-up virus-hit businesses

The govt must use its "huge fiscal war chest" to secure jobs amid the Covid-19 outbreak.

Liam Dann: Rate cut odds rise as coronavirus crisis deepens

Economists rapidly revising forecasts as the extent of the economic damage becomes clear.

ANZ says RAM investor claim lacks specifics

Lawyer for ANZ has criticised a lack of detail in a bid to get claim thrown out of court.

ANZ to pay $29.4m to customers after bank error

Around 86,000 accounts were affected.

Virus impact: NZ's biggest bank tips three interest rate cuts by May

ANZ predicts the OCR could drop as low as 0.25 per cent.

Kiwibank boss forecasts flat profits for years as it focuses on growth

Kiwibank's half year profit has been released.

The great NZ money industry: Banks make $5.71 billion

Bank profits have fallen slightly in the last year.

What's on the watch out list for ASB boss

ASB bank's cash profit was flat after a lower cash rate put the squeeze on its margin.

These five fund managers made more than a US$1 billion each in 2019

They made a combined US$12 billion US dollars.

A phone service to strike fear into NZ banks

The RBNZ will now have a dedicated phone line and email for whistleblowers.

Westpac NZ to compensate customers $3.7m over credit card blunder

Average payout to customers of $191.

Rebecca Howard: Why Fonterra is vulnerable to coronavirus

Fonterra recognises a sustained drop in consumption would impact sales

Credit card wars: Who really pays the price?

Switching card companies is a hassle for consumers but could be a win for banks.