People will never love banks - our relationships are necessarily fraught, and tainted by the suspicion we're being clipped for services of dubious value.

An Australian is in town scouting out assets for Bahrani interests - which may include the Crafar farms

The Commerce Commission has warned Kiwibank and HSBC about the formulas the two banks used to use to work out mortgage break fees.

Lingering concerns around the prospect of a European debt crisis will weigh on the kiwi dollar, with the currency expected to continue trading in its recent range this week.

EU ministers struggled overnight to work out a new rescue mechanism for troubled governments in an attempt to keep markets from targeting weaker eurozone members before Asian markets open this morning.

A survey showing high levels of customer dissatisfaction with Australian-owned banks is a wake up call to the industry, says Finsec.