Latest from Banking

$100m Radisson Red hotel planned for Auckland's Queen St

Second ex-bank HQ offices to be converted into a hotel, after InterContinenal Auckland.

'Preposterous': Banking watchdog under fire, calls for law change to protect scam victims

Critics say customers who visit their bank are more protected than those paying online.

Exclusive: Sir John Key on leaving ANZ, a new life and Hawaii house with Bronagh - and interest rates

'I said [to Bronagh]: Just be careful when you get to know me... you may not like me!'

Up or down - how does the Official Cash Rate actually affect your mortgage rate?

What is the Official Cash Rate and how does it control lending rates?

Property Insider: Contentious retirement village survey, who wants $500k+ from failed builder

More than 300 NZ retirement villages and 71 operators ranked according to best practice.

Sir John Key to step down as ANZ NZ chair, leave ANZ Group board

Key became chair of ANZ NZ in 2018 after joining the board a year earlier.

ASB takes a punt on some home loan rates ahead of cash rate decision

A 'volatile' global environment was a factor in the home loan rates decision.

Kiwibank boss calls for end to OCR hikes as bank posts record profit

Indebted businesses struggling more than those with mortgages.

Major bank lowers some fixed housing rates, term deposits

Bank says it will contact home loan customers who might be facing financial difficulty.

Compass Homes Franklin in liquidation, creditors want money

Grant Reynolds appointed. He is also the liquidator of other Compass building businesses.

ANZ misses watchdog's scam warning after email caught in spam filter

Consumer NZ says ANZ's spam filter systems seem more effective than those detecting fraud.

The value of financial assets owned by 10 big post-settlement iwi

Asset returns decreased and half the iwi reported financial losses.

'Fight for justice': BNZ told to reimburse scam victims nearly $300k after missing ‘red flags’

The Banking Ombudsman found BNZ had missed crucial warning signs of a known scam.

Broadcaster's pic stolen for dodgy ad, brazen scam warning

Scams come amid more deepfakes, talk of rules overseas to punish offenders.

National U-turns to keep new conduct regime for financial institutions

Minister proposes consolidating licensing requirements.

EY starts monitoring UK staff office attendance with turnstile data

Financial Times: Bank sent 'letters of education' to employees not showing up at office.