Latest from Banking

'Nearing crisis point': Farmers facing pressure from banks say Feds

Farmer confidence in banks has plummeted to the lowest level in nearly a decade.

Calculated bluff or dose of realism? Why RBNZ isn't pencilling in rate cut until later next year

Economist notes this isn't the first time the RBNZ's talked tough before slashing rates.

Inside Economics: That lost 1994 Pak'nSave receipt, China's rebound, and are banks ripping us off?

OPINION: Liam Dann answers economics questions and digs through the week's economic news.

New tech bill will allow consumers to share data

The new legislation will initially apply to the banking sector.

Why banks are more profitable in NZ than Aussie - is the RBNZ to blame?

But the former RBNZ governor says the impact of capital rules shouldn't be overstated.

Four-day week pioneer Andrew Barnes: 'I hated the person I had become'

Four-day week pioneer doesn't have time for a three-day weekend.

How to improve diversity in NZ's financial services ecosystem - Jim McElwain

OPINION: Progress has been made but the journey is far from complete.

'He was so bloody good': Scam victim accuses Westpac of negligence after $323k loss

The scammer had researched the victim's family and knew he had savings to invest.

Bad mortgage debt expected to rise by 40 per cent by year's end

The Reserve Bank says banks are well positioned to help struggling borrowers.

Lamborghini-driving fraud-accused charged over $8.6m scheme

SFO prosecution of Gerard Peters and others comes three years after Herald reports.

Banks select provider for confirmation-of-payee, a key anti-scam measure; Consumer says efforts ‘too slow, too light’

But the Government and banks have differing takes on one of the next steps.

Western banks in Russia paid $1.4 billion in taxes to Kremlin last year

Financial Times: A fourfold increase on prewar levels for lenders still in Russia.

RBNZ wants banks to be more careful issuing mortgages

The bank is wary of banks issuing loans against properties that become hard to insure.

Kiwibank manager helped customer send $300k to scammers months after FMA warning

“I’m on anti-anxiety medication. I can’t work. What have I got to look forward to?"

'Little banking bubble': Scam victim slates Ombudsman ruling on full compo claim

The pair accused BNZ of missing crucial 'red flags' regarding a known scam.

RBNZ refuses to bend rules to improve bank competition

The RBNZ's financial stability mandate clashes with the competition watchdog.