The deal is subject to various approvals and is expected to be completed late in the second half of the year.

A bank sent account details of 60,000 customers to an adult website owner in an embarrassing email bungle.

It's an easy mistake to make, and one we've all done it before. Forgetting to add those three little keystrokes at the end of an

Investment bankers at some of Europe's biggest firms are braced for bosses to halve their bonus pools.

Banks are in a technology arms race to keep up with newer players who offer peer to peer lending.

NZ's banks are expected to remain in a strong position this year but will face tougher funding challenges and ongoing pressure from technology changes.

Donald Trump's complicated financial obligations have been laid bare, with reports he owes more than $1.4 billion.

Kiwis travelling to India are being warned to pre-pay as much as possible and bring credit cards as the country struggles with currency issues.

Robert Walters director Shay Peters said employers needed to have strategies to attract and keep skilled workers.

The Donald Trump era is marking a new age for gold as an investor safe haven.

The New Zealand dollar was little changed against the greenback as uncertainty about US president-elect Donald Trump's incoming administration

Deutsche Bank moved to reassure employees of its financial strength after reaching a $7.2 billion (NZ$10.5b) settlement with US regulators.

German financial giant Deutsche Bank has settled a landmark mortgage-abuse case with the US Department of Justice.

The NZ Superannuation Fund and the Accident Compensation Corp today announced two appointments to the board of state-owned Kiwibank.

Cooperative Bank chief executive Bruce McLachlan will leave the lender early next year after choosing to take a new leadership position with another New Zealand business.

New Zealand business confidence rose a tad in December, led by an upbeat construction sector although tighter credit conditions continued to weigh.

The Reserve Bank of New Zealand has a rigorous approach to stress testing banks, with some devastating scenarios put to bankers.

Christmas spending is shaping up to be strong across the country.

Net profit rose to $2.4 million, or 3.35 cents per share, in the six months ended September 30 from $1.5m, or 2.18 cents, a year earlier.

A new website that compares mortgage rates across banks in an instant was founded by two Aucklanders struggling to get their first home.

UDC Finance's deposits shrank in the latest financial year.

A fifth of share milkers who responded to a Federated Farmers survey said they were coming under pressure from their bank on their

Heartland Bank's trading halt has been lifted after the bank raised $20 million from institutional investors at $1.46 per share.

New Zealanders are spending up more this Christmas compared with last year, as shopping ramps up in the first week of December.

Heartland Bank wants to raise up to $30 million through a placement and share purchase plan to maintain its capital ratio.

Kiwis blame investors, migration, and foreigners for the housing crisis the BNZ Financial Futures survey revealed.

Italy is set to finalise a state-backed rescue for lender Banca Monte dei Paschi di Siena as soon as this weekend.

Westpac bank has admitted breaching a condition of its registration relating to how it measures capital adequacy.

ANZ Bank New Zealand's UDC finance unit has posted a record annual profit, driven by booming car sales and strong growth in forestry, transport and construction.

A bank customer who was careless with her account pin received an early Christmas present, when her stolen $5000 was deposited back in her account.