Latest from Banking

Mortgage break fee complaints rise

'Bubble banker class can't last'

Top business leader slates financial sector elite as "burden".

Central banker sees future of money in Bitcoin

Want to know what central bankers will do in the next few years? There's a Bank of England website page you need to read.

NZ stocks caught up in global sell-off

New Zealand shares fell in a global sell-off yesterday, as investors were cautious about economic growth.

Watchdog warns of global debt crisis

The only global body to sound major warnings ahead of 2008 is worried debt levels have again reached extreme levels.

Christopher Niesche: Westpac chief gives it a crack

Westpac's CEO is planning to invest an extra A$200m a year in digital initiatives to boost the bank's customer numbers, as well as drive down costs.

Run your way to cheaper mortgage

For many Kiwis, paying off a mortgage is a marathon effort - but on November 1, 10 lucky Auckland Marathon runners will have the chance to run down their rate

Japan far behind in mobile banking

'Liar loans' are back in the US

Years after the great housing bust, so-called liar loans - made without verifying people's finances - are creeping back into the US market.

Dollar falls as traders focus on likely RBNZ rate cut

Traders have put 78 per cent odds of Reserve Bank governor Graeme Wheeler cutting the official cash rate.

Mark Gilbert: Time for European Central Bank to face reality

European Central Bank President Mario Draghi was asked last week whether his institution should consider revising its 2 per cent inflation target.

NZ dollar declines on US labour market data

The NZ dollar declined after US labour market data left open the possibility of US interest rate hikes this month.

NZ dollar hostage to Fed rate hike

Will they or won't they is the question that has been on investors' minds as they try to guess when the US Federal Reserve will raise official rates.

First shot in mortgage rates war?

BNZ reduces one-year fixed rate to 4.35 per cent ahead of Reserve Bank's expected announcement that OCR will be cut.

NZ dollar jumps vs. euro after ECB lowers outlook

Asia bank chief sees room for two

China's move doesn't have to spark rivalry, Japanese visitor tells Herald political editor Audrey Young.

Kiwi link to Putin's banker

New Zealand trusts associated with a former Russian billionaire once known as "Putin's banker" are now subject to a worldwide freezing order by a London court.

Farmers happy with banks, says Fed survey

Banks appear to have come to the party for NZ farmers needing support during the dairy downturn.