Judge rules Trump defrauded banks, insurers as he built real estate empire
Trump has repeatedly lied about his riches on his annual financial statements.
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Latest from Banking
KPMG baffled by National’s pledge to ditch financial services conduct law
The law is meant to regulate banks and insurers over how they treat customers.
Sharesies users get new instant pay wallet refill option with two big banks
Bigger wallet top-ups cheaper with open banking than using credit card, Apple or Google.
'Not a good look': ASB should have reported $100K fraud to police
'Where does their liability sit for this if other cases are discovered?'
Consumer confidence plummets further
The big concern for New Zealand households is the pressure on their finances.
'Bizarre': Widow loses $100k in Facebook hacking scam, family furious at ASB
“If the bank had contacted the family we may have been able to recover the funds.”
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.
Under-reporting: Netsafe says online fraud actually costs Kiwis $470m per year
The cost has doubled since a 2018 report; Netsafe funding and oversight changes are eyed.
Diana Clement: How much are you paying in 'lazy tax'?
OPINION: Banks make money from our complacency.
Opinion: Fifteen years after Lehman, we still need to fix financial supervision
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
A glimpse beneath the "tip of the iceberg". Plus: Bank customers want more protection.
Jenée Tibshraeny: Are all these mortgage rate hikes justified?
ANALYSIS: It takes just one big bank to hike rates for the others to follow.
Mary Holm: Should I sell up in the face of mortgage rate rises?
OPINION: I bought at the peak of the market in 2021 but now stand to make a loss.
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
But the bank has left the door open for further rate hikes.
ASB hikes fixed mortgage rates as borrowers snub floating rates
A closer look at how long borrowers are fixing their mortgages for.
Market Watch: What high interest rates mean for sharemarket investors
Watch: Is it time to head for bank deposits?
ATM skimmers clean out woman's bank account
An unexpected evening phone call and bank account shock as skimmers strike.
'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
Shareholders put $47.2m into schemes to fund the store, hoping for big returns.
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.