Jeffrey Epstein’s victims settle sex trafficking lawsuit with bank for $474m
Bank said in a statement it now regretted any interaction it had with predatory financier.
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Latest from Banking
Arresting new fake police text scam tries to entice victims with financial lure
Consta-bull: A scam text from fake "police" offering direct debit is under investigation.
Bankrupt builder used his child's bank account to steal $60k from theatre group
'I deeply regret my actions', says Nicholas Greer.
Loaned $1.5b, never had a single loss: new $100m venture formed
'This is the result of many people over the years wanting to co-invest with our business.'
Some kiwifruit growers in financial strife after 'catastrophic' season
'Unbelievably bad' kiwifruit season has the industry experiencing huge pressures.
'They tricked me': Scam victim who lost $330k feels he’s failed his wife, kids
"I feel like something horrible is going to happen to my family.”
New data shows best month for house sales in a year. Is market starting to turn?
Another sign Auckland has bottomed out. A jump in volume, but sale prices flat.
The ‘new norm': Are home loan borrowers getting used to higher interest rates?
Signs are there, but a mortgage broker says there is worse to come for some.
Police ask public for help to identify car after Christchurch ATM burglary
A "large sum of money" is yet to be recovered by police.
Web outages: InternetNZ apologises for ‘change of house keys’ gone haywire
Administrator of NZ's web says sorry, offers a few more details.
RBNZ 'comfortable' with where mortgage rates are at
The deputy Reserve Bank governor foresees a period of interest rate stability.
Pensioner fleeced of $134k strikes settlement with bank
Two women believed to be involved are already in jail, the Herald understands.
Bank of Dave: A capitalist who hates how big banks do business
If you'd like to set up your own bank, Dave is keen to tell you a thing or two.
Westpac glitch hits some automatic payments, direct debits
Westpac glitch affects some payments as bank says 'urgent' solution sought.
Finance winners: Air NZ $1.2b deal, Fisher & Paykel boss, Milford again
The environment is the real market winner in latest INFINZ awards.
Electronic bank transactions to start going through on weekends and holidays
Major upgrade to payments systems takes effect.
Adrian Orr appears before MPs: ‘It will feel painful for people’
No pain, no gain: MPs get a chance to grill Reserve Bank boss over rates hike.
Small town banking trial sunk due to lack of a suitable building
A banking hub trial in Tūrangi has ended before it began.
Man v Machine: Can ChatGPT predict share price performance?
Tim McCready looks at what will shape the capital markets landscape over 2023.
ICBC marks first 10 years in NZ
ICBC explores opportunities for the New Zealand market.
Peak OCR? Reserve Bank shocks market by saying it’s done enough
The Reserve Bank releases its full Monetary Policy Statement.
‘Absolutely gutted’: Retiree loses $150k in bogus HSBC-branded investment scam
The scam looked so real even experts were taken in.
Why one of NZ's top 10 house builders is laying off staff
'Other group house builders have laid off significantly more staff than we have.' - Burney
Elon Musk subpoenaed in JPMorgan lawsuit over Jeffrey Epstein ties
Financial Times: Lawyers want to know if Tesla boss introduced to bank by sex offender.
Banks less trusted than supermarkets - Consumer NZ survey
Public trust in banks falls as profits surge in the middle of a cost of living crisis.
Latitude Finance hack: Thousands of requests to replace driver licences
There is concern, frustration and a huge 'rigmarole' after the massive data breach.
Developer of $60m Waiheke Island coastal housing estate wants out
Sales of the housing sites taking longer than expected.
Accountant suspended for allegedly taking $37k of client's money
The man also allegedly secured an $11,800 Covid-19 loan without his client's approval.
FTX founder Sam Bankman-Fried seeks dismissal of indictment
He says prosecutors have made federal crimes out of civil and regulatory issues.
Westpac NZ’s boss sees risks of hard landing for NZ economy
Westpac chief executive Catherine McGrath says more customers are feeling the pinch.
Markets with Madison: Bank profits have peaked, Apple eats their lunch
ANZ's CEO expects mega-profits to decline from here.
Opinion: Inflation is here to stay, here's what businesses can do
Chamber boss: 'I'm preparing for inflation to stick around for a while'.
Markets with Madison: Bank stocks a buy, term deposits out
Cash is trash? And expert who called GFC says small banks can survive First Republic fail.
ANZ defends billion-dollar-plus first half profit
ANZ first half rise by 1 per cent to $1.1 billion.