Latest from Banking and finance

Business confidence soars to highest in a decade – ANZ

ANZ chief economist: 'Things are looking up, albeit from a pretty dark place.'

Nvidia revenue more than doubles as demand for AI chips remains strong

Financial Times: Shares fall 6% despite the strong earnings.

Warren Buffett’s Berkshire Hathaway surges past $1 trillion market value

Financial Times: Chair has sold stocks including Apple.

Bank-switching among mortgage holders hits record high

The Commerce Commission believes banks could still make it cheaper for customers to leave.

Du Val Group: High Court to decide if interim receivership documents can be made public

Judge prepares to hear arguments in Hamilton on Monday.

KiwiSaver fund that has returned nearly 400%

KiwiSaver has seen remarkable growth this year, particularly in more aggressive funds.

BNZ predicts 7% increase in house prices by 2025 amid falling interest rates

Prices will be flat this year but increase 7% next year, bank economist says.

TSB fined $2.47m for charging ‘unreasonable’ fees

The Commerce Commission took legal action after TSB self-reported the issue.

BNZ trims mortgage rates again

The bank is making further cuts to its home loan rates.

Diana Clement: How ethical are your KiwiSaver investments?

OPINION: KiwiSaver funds have quietly invested in industries that cause significant harm.

Hannah McQueen: Why earning good money won’t make you rich

Liam Dann talks to Hannah McQueen, founder of financial strategy firm EnableMe.

Class action against ASB, ANZ could have 100,000 customers

The multimillion-dollar claim was filed in the Auckland High Court in 2021.

US law firms offer staff $50,000 for referrals as talent wars rage

Financial Times: Rise in dealmaking triggers renewed competition for junior talent.

Editorial: Boosting Kiwibank a no-brainer but finding right investors key

OPINION: Outside investors in Kiwibank will need to have the right priorities.

Kiwibank CEO open to foreign investment; says bank might need more capital soon

The bank might need more capital in a few years' time if it keeps growing quickly.

High Court orders ex-CBL managing director to pay $1.4 million

Peter Harris admitted continuous disclosure and misleading conduct breaches back in March.

‘Decade-long affair’ sparks legal battle at 160-year-old bank

Lender alleges former executive helped colleague secure large pay rises and promotions.

ASB cuts fixed mortgage rates

Bank moves a week after the Reserve Bank cut the official cash rate.