
Kiwi bank boss' Aussie apology
The Kiwi boss of ANZ has pledged to look at cutting credit card rates at a parliamentary inquiry.
The Kiwi boss of ANZ has pledged to look at cutting credit card rates at a parliamentary inquiry.
Fair Play on fees has settled with ANZ on the legal action related to certain fees charged by ANZ to personal customers.
Twenty Australian MPs will begin grilling Aussie's four big banks today, but one Labour MP says it's a sham that functions as a once-a-year chat.
The German bank will cut about 1000 jobs in its home market, insiders say.
In just five years, more than 150 branches of NZ's major banks have disappeared, and more are earmarked to go the same way.
As more people do online transactions, small towns must adapt to closures.
What is going on in the banking industry? The big questions answered.
The long-time CEO of Wells Fargo has been grilled by lawmakers over hundreds of thousands of sham bank accounts.
Deutsche Bank is battling rumours the German government is readying a rescue plan, but is another German bank also in trouble?
CEO of Wells Fargo agreed to forfeit $56m in performance pay as thousands of low-level employees allegedly set up sham accounts to meet sales quotas.
Industrial and Commercial Bank of China wants more of a share of New Zealand infrastructure.
Te Aroha locals are losing their local Westpac and ANZ branches which could force them to drive 20 minutes just to bank a cheque.
COMMENT: The Bank of Japan would have been better off sticking to something closer to its traditional caution.
Te Aroha locals are losing their local Westpac and ANZ branches which could force them to drive 20 minutes just to bank a cheque.
Broken promises and pleas falling on deaf ears were the recurring themes among Milton residents who voiced their frustrations at a public meeting last night.
Bank closures are expected by early November with 19 branches to shut.
Westpac staff at 19 branches around the country are expected to be told late today whether their branch will close.
COMMENT: Westpac is leading the way with its investments in tech startups and the online mortgage broker uno.
ANZ bank, the country's largest bank, could be closing branches around New Zealand.
One of Skype's founders has launched a global money transfer business - and it's set up shop in NZ.
Wells Fargo has been forced to apologise after infuriating the arts community by suggesting they should take up more serious careers.
ANZ has started to refund $28.8 million to more than 390,000 accounts after the bank failed to disclose when some fee payment fees would apply.
Auckland property developers fear that a sudden tightening of bank lending may "throttle" new housing projects despite the city's desperate housing shortage.
ASB has joined Westpac and ANZ in confirming it will exit investments with exposure to manufacturers of cluster munitions, landmines and nuclear weapons.
Christopher Ashton was accused of using electronic chat rooms to manipulate currency pricing benchmarks.
COMMENT: Can the experience that a retail investor has with the finance sector reasonably be described as having their interests put first?
Kiwibank says it won't be stepping in to fill the void left by Westpac's proposed branch closures. First Union says Westpac is planning
CEO Paul Brock said the flat result reflected the global uncertainty and increased funding costs for banks.
Labour has renewed calls to ban foreigners buying New Zealand houses.
The Taranaki farmers bought controversial interest rate swaps from the bank.