Latest from Banking

Radical change is happening in NZ's finance industry

There will be more innovative social and green finance opportunities for investors.

HSBC boss: 'Who cares if Miami is underwater in 100 years?'

The bank's head of responsible investing decries climate debate's 'shrill, partisan' tone.

Budget 2022: Banks yet to get on board with Govt's Business Growth Fund

Details are thin on which banks would support it and how much they would put up.

New CEO for Heartland Bank

Leanne Lazarus will join the firm from Westpac Life.

Obituary: Westpac's change agent and former CEO dies

Harry Price was the bank's New Zealand chief executive from 1992 to 1999.

BNZ economist: Chances of recession 'rising by the day'

The chances of getting through this interest rate cycle with a "soft landing" are fading.

Westpac increases branch hours but closes 18 ATMs as cash use falls

Westpac NZ chief executive says it had a solid result in a fast-changing market.

Westpac half year cash profit up 9pc to $635m

The sale of its life insurance business gave a one-off gain of $126m.

'Incredibly embarrassing': BNZ customers hit by second major outage in three days

In an update just after 7.40pm, BNZ said the issue has been resolved.

BNZ bank cards and internet banking back online after major outage

BNZ customers were unable to use ATM cards or access online banking services for hours.

Third bank increases mortgage rates after cash rate rise

The Reserve Bank increased the OCR from 1 per cent to 1.5 per cent yesterday.

Westpac ranks lowest bank for customer satisfaction

Just 52 per cent of those surveyed said they trusted their bank.

Profits under pressure: Dark clouds hanging over banking sector

December's quarter was a record but challenges are on the horizon.

Why are Kiwis so bad at managing their bank accounts?

Many miss loan payments and credit card bills.

Heartland to buy Australian livestock finance business

The deal is expected to add A$10-12 million a year to Heartland's bottom line.

Banks' handling of home loan applications stirs protests

Home lending complaints rose sharply in the last quarter of 2021.