Latest from Banking

Bank approved $24k credit card limit for woman who earned $27k a year

Complaints to the Banking Ombudsman about credit cards has topped 700 in the last year.

Money Talks: Renata Blair - Bringing a Māori world view to banking

Liam Dann talks to BNZ's Renata Blair about bridging the cultural divide in banking.

S&P: What could happen if NZ house prices keep rising

Reserve Bank and Government moves to change the situation have so far been ineffective.

Major bank offers record low floating rate for new build houses

The rate will undercut rival new build offers.

Liam Dann: NZ economy a good bet? You can bank on it

Westpac's decision not to sell its NZ operation is a moral victory for the Reserve Bank.

Bank freezes pensioner's $150k life savings: Daughter treated for stress

'Why does my mum have to justify her spending?'

No Westpac NZ listing a blow to local sharemarket

Westpac Group has decided it won't demerge its New Zealand arm.

Australian parent will hold on to Westpac NZ

The announcement follows a detailed review.

Bank profits hit quarterly record high

Higher lending and reversal of loan provisions provides profit boost.

Digital currencies could undermine banks, warns Bank of England

Telegraph: Concerns financial stability could be threatened.

'Outrageous': Bank freezes pensioner's accounts, locked-out daughter fumes

'I am her biological daughter. There's no fraud.'

RBNZ takes legal action against TSB Bank over money-laundering law breaches

The action relates to alleged breaches of the anti-money laundering law.

Westpac reissues pensioner's credit card after hubby's death

'It's only when they're made to look really bad that there's an about face.'

72 complaints made to banking watchdog after loved ones die

It comes after numerous widows complained about their treatment from banks while grieving.

'Disgusting': Bank transfers being used to send abusive messages

Reference fields in bank transfers being used to send 2000 abusive messages per month.

Credit card debacle: Widows claim bad treatment by banks

Grief-stricken women were left in tears after their appointments with the bank.

Widow's cancelled credit card 'needn't have happened'

Opinion: 'There is an obvious gap on the frontlines of customer service.'

'It's just so wrong': Bank strips pensioner of credit card, closes account after husband's death

Westpac has apologised and offered financial compensation.