Latest from Banking

<i>Matthew Lynn</i>: Deflation theory just doesn't stack up

Reserve Bank says rate rise more likely than cut

World shares slump, US dollar up

Million-dollar bonuses back on Wall St

Aussie recovery 'a puzzle for analysts'

Aust treasurer optimistic but says the war's not over yet

Westpac edges closer to ASB in high value customers

Dollar outlook: Kiwi may fall this week

House prices keep rising, up 1pc in July

Real estate figures for July show small price rises and a five per cent jump in the number of sales.

Kiwi dollar rises after poor US retail data

Bad loans drag bank's profits down 58 per cent

US Federal Reserve sets October deadline

Finance firms downgraded by Standard & Poor's

NZ banks face challenges - Moody's

Kiwibank, BNZ cut floating, raise fixed mortgage rates

Banks weather slump despite profit fall