Latest from Banking

Thousands of troubled businesses calling bank for help

Thousands of businesses have called banks for financial support.

NZ major banks eye emergency relief for SME, mortgage borrowers

Banks are looking at allowing SME and mortgage customers to suspend payments.

Coronavirus: Bank waives contactless debit fee for small businesses

One bank has moved as pressure mounts over contactless payment as a health issue.

The 2020 recession is 'here and now' - S&P Global

NZ faces at least three quarters of negative growth, global recession now inevitable.

Pressure grows on banks to cut paywave costs

Banks are facing mounting pressure to drop charges on contactless payments.

NZ bank credit losses will rise from low levels

Banks are well-placed to weather the coronavirus fallout, S&P says.

Liam Dann: Banks have assured us of their value for years. Now's their chance to show us

Banks have long argued their strength is vital to society. Now's their time to prove it.

Coronavirus: Fears banks could tighten home loan lending

Buyers employed in tourism may soon face a battle securing home loans due to coronavirus.

Second bank facing potential compo payout over credit disclosure issues

Kiwibank prepares to wear cost of "disclosure issues".

Pensioners could lose home after $280,000 'fraud' by Westpac introducer

A Melbourne couple fear they will be left homeless.

The interview: ANZ's new CEO Antonia Watson

ANZ's new chief executive Antonia Watson on rebuilding the reputation of the bank.

Seeing double: Westpac customers vent as glitch duplicates payments

Westpac customers have had double payments going out and into their accounts.

Kiwibank boss forecasts flat profits for years as it focuses on growth

Kiwibank's half year profit has been released.

The great NZ money industry: Banks make $5.71 billion

Bank profits have fallen slightly in the last year.

What's on the watch out list for ASB boss

ASB bank's cash profit was flat after a lower cash rate put the squeeze on its margin.

These five fund managers made more than a US$1 billion each in 2019

They made a combined US$12 billion US dollars.