Latest from Banking

'Black swan failure': Crypto group Circle admits $5.4b exposure

Financial Times: Stablecoin’s value drops as crypto market reels from US bank failures.

Liam Dann: Without appetite for real change, banking inquiry is just political theatre

The history of the NZ banking sector reveals a national lack of economic confidence.

'Bombed out': Neighbours up in arms about half-finished apartment complex

Tough times for developers leaves Auckland street with unfinished eyesore, neighbours say.

Editorial: Problems mounting for Govt

OPINION: Our editorial on balancing immediate needs with long-term fixes.

Wide range of Kiwis facing financial difficulties

Inaction is not going to work out if you’re already struggling.

Bank profits: Market study needed

OPINION: Banks will argue there's plenty of competition but the reality seems far from it.

Rising interest rates yet to dampen appetite for shopping

Electronic card data for February shows Kiwis are still spending.

Bank's ‘sincere regret’: ANZ offers $19k to 82yo scammed out of $36k

Fraudsters posing as the victim convinced ANZ staff to divulge personal customer details.

Banks’ net interest margin hits 8-year high

Why one measure of bank profitability is up.

Heartland Group looks to raise up to $125m

The company has made a half-year net profit of $48.7 million.

Mortgage shock: $900/fortnight rise for many Aucklanders

A big toll on many households’ disposable incomes.

$11 million-plus! Red Cross fund backed by NZ Herald continues to grow

Donation follows huge community support for fundraiser.

European digital banking app Revolut to launch into NZ

It has 20,000 Kiwis already on its waiting list.

Emergency finance issue shows law not fit for purpose

The Credit Contracts and Consumer Finance Act is under fire again.

Generators, satellite phones, and more: Red Cross thanks Kiwis, updates on how money is being spent

Donation follows huge community support for fundraiser.

Home loan rates may have peaked, says Kiwibank boss

But bank still has 30 to 40 per cent of loan book to move on to higher rates.