Banking and financeTougher rules can't repair banking's broken culturePost-crash financial reforms have failed to mend the banking industry's defective culture and hence repair its reputation.10 Aug 01:58 AM
BDBDBanking and financeNZ dollar outlook: Kiwi may riseThe kiwi may advance this week as traders have already priced in a weaker dairy sector.10 Aug 12:46 AM
BDBDBanking and financeNZ dollar rises in volatile tradingThe New Zealand dollar rose as high as 66.36 US cents due to volatile trading over the weekend.09 Aug 08:47 PM
Banking and financeImmigration decline may stunt AustraliaInternational travel figures released support suspicion that the economy's potential growth has been cut by slower population growth.09 Aug 05:00 PM
BDBDBanking and financeNZ dollar gains vs. poundThe kiwi rose to 42.22 British pence ahead of the Bank of England's policy review on Thursday in London.06 Aug 08:35 PM
BDBDBanking and financeNZ dollar dips below US65cThe kiwi dipped below US65c for the first time in six years as better than expected US data revived optimism.05 Aug 08:43 PM
Banking and finance'Rain Man' Hayes loses last Libor gambleNicknamed "rain man" for for his incredible recall, this is the story of Tom Hayes' nine-year Libor rigging saga.05 Aug 02:40 AM
BDBDBanking and financeNZ dollar drops after dairy prices declineThe kiwi was hit by a double whammy as dairy prices fell and a report stoked speculation the Fed would hike interest rates.04 Aug 08:28 PM
Banking and financeTrader's 14-year sentence for Libor rigging sends message to banksA judge "sent a message" to the banking industry for its "dishonest and wrong" conduct after he sentenced a trader convicted of rigging the Libor rate to 14 years in prison.04 Aug 05:00 PM
Banking and financeNZ broker's associate gets 14-years jailAn alleged associate of a New Zealand resident accused of trying to manipulate international banking rates has been jailed for 14 years.03 Aug 11:25 PM
Official Cash RateCurrency trader jailed for 14 yearsA former Citibank and UBS trader is going to jail after a jury found him guilty of masterminding the manipulation of the key Libor interest rate.03 Aug 10:50 PM
BDBDBanking and financeNZ dollar declines vs. AussieThe decline occurred ahead of the Reserve Bank of Australia's decision on interest rates today.03 Aug 08:41 PM
Banking and financeCampion gets onboard ANZ campaignTop of the Lake film maker Jane Campion has directed an ANZ Bank film campaign highlighting gender wealth disparity.03 Aug 02:27 AM
BDBDAged careSuper Fund sticks to strong equity weightingThe New Zealand Super Fund says it'll stick to a strong equities weighting following a five-year review.02 Aug 10:00 PM
BDBDBanking and financeNZ dollar jumps after weak US employment dataWeak data on US employment costs prompted traders to pull back expectations for US interest rate hikes.02 Aug 08:54 PM
OpinionWilliam Pesek: China's market intervention just another method of QEIt's time to call Beijing's stock-market intervention what it really is: quantitative easing, Chinese style, writes William Pesek.02 Aug 05:00 PM
BDBDBanking and financeNZ dollar continues its slide below 66 US centsThe dollar fell as the prospect of more easing by the Reserve Bank dented the appeal of the kiwi.30 Jul 08:46 PM
Banking and financeWomen $60k behind men on savingsWorrying stat comes as ANZ says it'll keep paying into its staff members' KiwiSaver accounts who go on parental leave.29 Jul 02:00 AM
Banking and financeDollar up on rosier Wheeler talkThe dollar has rallied after what the markets perceived as a more optimistic view of the economy from Reserve Bank Governor Graeme Wheeler.28 Jul 10:15 PM
BDBDBanking and financeNZ dollar gains before Wheeler speechThe dollar rose on speculation Wheeler may soften his language about an easing bias, and after stocks rebounded.28 Jul 08:36 PM
OpinionWilliam Pesek: Now the markets are doing the bullyingJust one year ago, it seemed unthinkable that officials in Wellington and Sydney, more typically known for their hawkishness and stubborn independence, would join the global race towards zero.27 Jul 09:33 PM
BDBDBanking and financeNZ dollar gains on Chinese stock routThe kiwi dollar has risen to a six-and-a-half week high against the Aussie after a slump in Chinese equities markets.27 Jul 08:40 PM
Banking and financeLowest mortgage rates since 1955It's a 60-year low as banks vie to undercut each other.27 Jul 02:32 AM
Banking and financeHow many jobs at stake?Union chief says he received a tip that hundreds of Westpac staff face losing their jobs.26 Jul 11:40 PM
BDBDBanking and financeNZ dollar weakens as commodity prices fallThe dollar fell after signs of weaker Chinese manufacturing activity dented demand for commodity currencies.26 Jul 08:43 PM
BDBDBanking and financeNZ dollar holds gains following OCR cutThe New Zealand dollar held onto some of its gain after the Reserve Bank yesterday cut the benchmark interest rate.23 Jul 08:53 PM
Banking and financeWill you pay less on your card?Credit card debt is considered unsecured debt unlike your mortgage where a bank can sell your house if you fail to make payments.22 Jul 09:30 PM
BDBDBanking and financeDollar falls ahead of expected interest rate cutThe New Zealand dollar has fallen ahead of the Reserve Bank's expected interest rate cut this morning.22 Jul 08:30 PM
Banking and financeBanking sector cashes in on technologyDisruption is not something the Co-Operative Bank or BNZ have actively sought, they say, but was rather a by-product of striving for improvement.22 Jul 05:00 PM
Banking and financeBNZ tips dairy price recoveryBNZ has lowered its 2015/16 milk price forecast for Fonterra but says it expects dairy prices to recover late this year.22 Jul 05:00 PM
CrimeWarnings over tap-and-go thievesThink twice before you leave your wallet in your car - criminals are fleecing victims using contactless bank cards.21 Jul 10:45 PM
