He offered to buy an Auckland house - when he couldn't pay, it cost him $429,000
Would-be buyer argued vendors should have accepted his lower offer, but he failed.
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FT: It must be made easier for regulators to act intelligently and independently.
'Far too late': Victims sick of 'false promises' as banks announce changes to fight scams
"Unfortunately, this comes far too late as my family’s lives have already been destroyed."
Expat Kiwi sues US Treasury over sanctions for being on board of Russian bank
The banker claims he resigned from the board weeks before the sanction was imposed.
'Absolute negligence': Financial expert lashes Kiwi banks, alleges systemic security failures
It’s absolute negligence on the banks’ behalf and it’s an embarrassment internationally.'
Financial losses from cyber incidents down, says Cert NZ - survey indicates otherwise
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Jenée Tibshraeny: Are all these mortgage rate hikes justified?
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Mary Holm: Should I sell up in the face of mortgage rate rises?
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Victims who lost $1.25m to scammers via alleged 'mule' believe ASB should accept liability
"Some kind of red flag should have been raised."
Reserve Bank of Australia keeps rates on hold, cites China as a risk
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ASB hikes fixed mortgage rates as borrowers snub floating rates
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Market Watch: What high interest rates mean for sharemarket investors
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ATM skimmers clean out woman's bank account
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'Highly p***ed off': Mule used ANZ account to steal money from up to 9 victims
'Our NZ banking system is grossly inadequate.'
Reserve Bank’s money printing boosts Kiwibank’s profits
The state-owned bank continues to enjoy relatively cheap RBNZ funding.
Third major bank hikes mortgage rates this week
Westpac is lifting its mortgage and term deposit rates from tomorrow.
Maat suspends returns from four property investment schemes - Tuffin
Investors poured around $180m into 11 Maat property schemes - what next?
ANZ follows ASB with another round of interest rate hikes
Banks target increasingly popular longer-dated mortgages, as they raise rates again.
Court claim on $41.3m loss via Nido schemes explained
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Dasset's crypto meltdown: Should regulators have stepped in months ago?
Liquidators appointed but it's far from clear if customers will regain access to funds.
Customers desperate as Auckland-based crypto firm denies access to funds
A mum of two is distraught after losing access to $40,000.
House market rebound fails to ignite
More competitive prices and a ‘get in now’ attitude' not enough to fire a recovery.
Scam victim hires private investigator to track ‘money mule’ after losing $100k
'In a lot of these cases you’re chasing shadows, but here there’s a genuine lead.'
Credit Suisse retail investors plan lawsuit challenging UBS takeover
Financial Times: Class action claim includes hundreds of failed bank’s former employees.
Eftpos plummets in popularity as newer forms of payment emerge
Eftpos, the payment system widely used in NZ is plummeting in popularity.
Markets with Madison: Sir John Key on debt defaults, bank profits
The head of New Zealand’s biggest bank says he’s surprised by the lack of mortgage defaults but expects it will get worse.
ASB boss: Interest rate pain will emerge over time
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Bank profits: NZ banking more profitable than in other countries - ComCom
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'Terrible people': Scammers steal $350k from mum as hubby fights for life in hospital
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Westpac strike: Demonstration and ‘capitalist pig’ at Britomart
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Buy now, pay later sector avoids heavy-handed rules
Government takes 'proportionate' approach towards BNPL regulation.
'Not at all an admission of failure' - CCCFA to be reviewed again
New Commerce and Consumer Affairs Minister wants lending rules to be more 'nuanced'.