Banking and financeWells Fargo CEO to give up $56mCEO 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.28 Sep 02:05 AM
Banking and financeWorld's biggest bank expands NZ businessIndustrial and Commercial Bank of China wants more of a share of New Zealand infrastructure.22 Sep 08:22 PM
New ZealandWatch NZH Local Focus: Banks not feeling the love in Te ArohaTe Aroha locals are losing their local Westpac and ANZ branches which could force them to drive 20 minutes just to bank a cheque.Watch22 Sep 01:33 AM
OpinionBank of Japan experiments at the wrong timeCOMMENT: The Bank of Japan would have been better off sticking to something closer to its traditional caution.22 Sep 01:00 AM
Banking and financeBanks not feeling the love in Te ArohaTe Aroha locals are losing their local Westpac and ANZ branches which could force them to drive 20 minutes just to bank a cheque.21 Sep 06:57 AM
Banking and financeANZ customers air feelings of betrayalBroken promises and pleas falling on deaf ears were the recurring themes among Milton residents who voiced their frustrations at a public meeting last night.21 Sep 05:34 AM
Banking and financeWestpac confirms 19 branches to closeBank closures are expected by early November with 19 branches to shut.21 Sep 05:19 AM
Banking and financeFate of Westpac branches revealed todayWestpac staff at 19 branches around the country are expected to be told late today whether their branch will close.21 Sep 02:04 AM
OpinionChristopher NiescheNiesche: Big four banks embrace digital worldCOMMENT: Westpac is leading the way with its investments in tech startups and the online mortgage broker uno.18 Sep 05:00 PM
Banking and financeHard sell: Truth behind US bank tacticsBanker Oscar Garza had to persuade his customers to open 40 checking or savings accounts and 15 credit cards a month - or he'd be fired.17 Sep 09:00 AM
Banking and financeTowns shocked by proposed bank departuresThe mayors of two towns facing the prospect of two major banks closing up shop within weeks of each other say people are shocked at 15 Sep 01:20 AM
Banking and financeANZ proposing branch closuresANZ bank, the country's largest bank, could be closing branches around New Zealand.14 Sep 02:24 AM
Banking and financeCompetition for bank transfers heats upOne of Skype's founders has launched a global money transfer business - and it's set up shop in NZ.13 Sep 12:08 AM
Banking and financeBank says sorry for anti-arts adWells Fargo has been forced to apologise after infuriating the arts community by suggesting they should take up more serious careers.06 Sep 09:58 PM
Banking and financeANZ to refund $28.8m to customersANZ 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.05 Sep 07:58 AM
Banking and financeTighter bank loans may throttle housingAuckland property developers fear that a sudden tightening of bank lending may "throttle" new housing projects despite the city's desperate housing shortage.02 Sep 05:00 PM
Banking and financeASB KiwiSaver exits dirty investmentsASB has joined Westpac and ANZ in confirming it will exit investments with exposure to manufacturers of cluster munitions, landmines and nuclear weapons.01 Sep 11:15 PM
Banking and financeFed bans, fines former trader in FX probeChristopher Ashton was accused of using electronic chat rooms to manipulate currency pricing benchmarks.31 Aug 03:21 AM
OpinionBrent Sheather: Putting clients' interests first?COMMENT: Can the experience that a retail investor has with the finance sector reasonably be described as having their interests put first?30 Aug 06:30 PM
Banking and financeKiwibank won't replace Westpac branchesKiwibank says it won't be stepping in to fill the void left by Westpac's proposed branch closures. First Union says Westpac is planning 26 Aug 01:30 AM
Banking and financeKiwibank profits dip on higher costs and competitionCEO Paul Brock said the flat result reflected the global uncertainty and increased funding costs for banks.25 Aug 09:55 PM
Banking and financeLabour backs lawyer's foreign house buyer queryLabour has renewed calls to ban foreigners buying New Zealand houses.25 Aug 02:18 AM
AgribusinessFarmers seek $7.5m from ANZThe Taranaki farmers bought controversial interest rate swaps from the bank.25 Aug 12:50 AM
Banking and financeHigh house prices pose economic riskGlobal ratings agency S&P says New Zealand's rapidly rising house prices are cranking up economic risks.24 Aug 04:45 AM
Banking and financeSmall towns stranded if branches closeThree towns will be left with no bank branches if Westpac goes ahead with a raft of planned closures.24 Aug 12:58 AM
Banking and financeForeigners buying 29pc of homes - lawyerA lawyer says foreigners buy 29 per cent of New Zealand properties, not 3 per cent as reported in official state data.23 Aug 10:43 PM
Banking and financeKiwiSaver boss calls for ethics reviewAfter revelations that some major KiwiSaver funds are invested in controversial companies one director is calling for an ethics review.23 Aug 05:05 AM
New ZealandElderly woman ram-raids bankThe woman accidentally rammed into the glass door on her mobility scooter, leaving the door shattered and her shaken.23 Aug 03:07 AM
Banking and financeHome loans fall ahead of LVR rulesThe number of home loans and amount being borrowed has dipped ahead of further lending restrictions, but one mortgage broker says 23 Aug 12:00 AM
Banking and financeBNZ message mix-up worries customersSome customers of the BNZ have received incorrect messages from the bank telling them their accounts are thousands of dollars in the red.22 Aug 10:41 PM
Banking and financeRate hike tipped as US economy nears Fed goalsA 2016 rate hike from the Fed is still under consideration, as the U.S. economy is close to meeting the central bank's goals.21 Aug 10:57 PM
Banking and financeRecord low home loan rate releasedHSBC has slashed its two year fixed home loan rate to a 50 year record low 3.79 per cent16 Aug 11:00 PM
Banking and financeHeartland Bank profits jump to $54.2mHeartland Bank has boosted its profits by 12.5 per cent to $54.2 million and says it is still on the acquisition trail. The local 16 Aug 12:20 AM
Banking and financeWhere are interest rates going?Higher fixed-term rates are not likely to deliver the funding boost that lenders are looking for, experts say.12 Aug 05:07 PM
