Banking and financeBank gives away more than $2m to its customersKiwis banking with the Co-operative bank could expect extra money in their back pockets today, as it gives away more than $2 million to its customers.16 Jun 04:17 AM
Banking and financeReverse pick-pockets to give away $2mWATCH: Unsuspecting Kiwis to be slipped cash.15 Jun 07:20 PM
Banking and financeAlgorithms could render banking jobs obsoleteAre the humans of finance an endangered species?15 Jun 06:25 PM
BDBDBanking and financeSBS Bank hires Shaun Drylie as new chiefSBS Bank, the Invercargill-based lender, has appointed Shaun Drylie as its new chief executive.14 Jun 02:51 AM
Banking and financeGoldman Sachs 'paid for prostitutes' to win Libya bidGoldman Sachs hoodwinked Libyan officials into investing more than £800m by plying them with prostitutes, lavish parties and luxury trips, a UK court has heard.14 Jun 12:00 AM
Banking and financeKiwibank customers left waiting on moneyKiwibank customers are still waiting for their money after a technical glitch caused delays in processing payments.13 Jun 11:10 PM
Banking and financeKey 'potentially' backs new restrictionsPrime Minister John Key says he "potentially" supports income-related restrictions on mortgage lending.13 Jun 06:07 AM
Banking and financeAnother bank shuts out foreign buyersASB is the fourth major bank to impose lending restrictions on foreign home buyers.13 Jun 05:08 AM
PropertyThe ticking time bomb of interest-only loansAn interest-only mortgage allows the borrower to pay just the interest on their loan, but could there be some big hidden risks?12 Jun 10:30 PM
OpinionIs this the turning point in housing crisis?The decision of banks to stop lending to foreign house buyers appears to have taken everyone by surprise.10 Jun 05:00 PM
Banking and financeMore costly mortgages on the cardsThe Reserve Bank is about to undertake a major review of the capital regime for New Zealand's retail banks.10 Jun 05:00 PM
BDBDBanking and financeBNZ follows ANZ, Westpac on foreignersBNZ has joined ANZ Bank and Westpac's local unit in restricting mortgage lending for foreign property buyers.10 Jun 04:58 AM
Banking and financeBanks shut out foreign buyersTwo of our biggest banks will no longer lend to overseas-based buyers of New Zealand property.09 Jun 09:45 PM
BDBDBanking and financeTSB Bank delivers big jump in profitTSB Bank, the Taranaki community-owned bank, more than doubled annual profit.03 Jun 10:15 PM
BDBDBanking and financeKiwibank gets OK to close remitter's accountsPressure is coming on Govt to fix rules that are effectively stopping banks from helping foreign workers to send money home.03 Jun 01:15 AM
BDBDAgribusinessHeartland Bank warns farm values could fall 40pcHeartland Bank has told investors it is monitoring the dairy sector "with close attention".02 Jun 03:26 AM
OpinionJuha SaarinenJuha Saarinen: Lessons from the big bank SWIFT heistCOMMENT: After money was stolen from through the SWIFT network, it is clear how easy it is for hackers to take advantage of customers online.31 May 08:56 AM
BDBDBanking and financeRBNZ relaxes policy changes for banks' outsourcing servicesThe Reserve Bank has softened the policies it's looking at imposing for banks that outsource some of their services.23 May 01:30 AM
Banking and financeKiwis believe bank customers over-chargedA majority of Kiwis believe they are being over-charged by their bank for fees and other charges, a survey by Consumer New Zealand revealed.19 May 09:01 AM
Capital markets reportCapital Markets: Rebound creates more interest from banksAbout 80 per cent of residential subdivisions get some or all of their funding from one of the four main banks, one sector chief says.18 May 04:00 PM
Banking and financeKiwibank offers 3.99pc home loan rateIt's the lowest rate since the bank began in 2002, and the first rate from a major bank under 4 per cent.12 May 10:33 PM
Banking and financeTop ranked bank accounts for children unveiledThe top ranked bank accounts for children have been unveiled, offering higher interest rates than most adult accounts.12 May 05:30 PM
Banking and financeCheque complaints rise, despite usage fallingDespite their use falling dramatically, problems with cheques have increased.11 May 09:23 AM
BDBDBanking and financeIncome-based lending restrictions possibleNew lending restrictions to prevent people borrowing too much relative to their income are on the cards.11 May 01:54 AM
Banking and financeBNZ customers hit by online banking blipAn online banking blip left some BNZ customers out of pocket and embarrassed this afternoon.10 May 07:57 AM
Banking and financeThe Wall St tactic that costs Germans $1b a yearWall St has figured out a way to squeeze some extra income from these stocks. And German taxpayers pay for it.06 May 01:25 AM
BDBDBanking and financeBNZ profits fall 16 per centA 16 per cent drop in the Bank of New Zealand's net profit after tax was due mainly to lower gains on financial instruments, affected 05 May 01:41 AM
Banking and financePonzi liquidation ends after 6 yearsThe wind up of Bradley's B'on Financial Services has netted little return for Jacqui Bradley's 28 victims.05 May 12:00 AM
WorldStudent given $4.9 million overdraftA banking "glitch" gave a student access to $4.98 million, part of which she spent on luxury handbags.04 May 09:30 PM
Banking and financeEx-banker cuts $250k deal with copsAn ex-BNZ banker, who approved a loan for his own property development, has cut a deal with police over forfeiting $250,000 of frozen funds.04 May 05:30 PM
BDBDBanking and financeCompetition and bad debts hit ANZ resultANZ New Zealand posted a drop in half-year profit as expenses and bad debts rose, while margins were squeezed amid a fiercely competitive lending market.03 May 06:00 PM
Banking and financeChina Business: Chinese banks well placed in NZThree Chinese banks are now registered and trading in New Zealand. Tim McCready takes a look at their operations here.03 May 04:00 PM
Banking and financeANZ profit drops 11pcCash profit at ANZ New Zealand has fallen from $841m to $751m for the past six months.02 May 11:30 PM