Latest from Banking

IRD keeps mum on Swiss tax bills

New Zealanders who savoured the privacy of their Swiss HSBC bank accounts will continue to enjoy it from Inland Revenue, which won't reveal whether information from leaked files lifted any locals' tax bills.

ASB profits up 7pc to record $444m

NZ dollar rebounds as yields lure investors

NZ link to leaked HSBC files

One HSBC client with links to New Zealand had up to $67.83 million with its Swiss private banking arm, according to leaked files.

NZ dollar declines as greenback strengthens

Perfumed credit card? Banks woo ladies

A bank in the United Arab Emirates is trying to lure a rapidly rising number of working women - with a perfumed credit card.

Mark Lister: Straight to full speed in 2015

Mark Lister writes: This year has started in an eventful fashion and a number of key developments will set the tone for 2015.

A tale of two SkyCities on cards

Auckland could boost SkyCity Entertainment Group's half-year result issued on Wednesday but Adelaide could drag it down.

Mortgage wars: TSB's offer

A New Zealand bank has announced what is believed to be a first for the country - a 10-year fixed-rate home loan.

Westpac's NZ man snares top local job

NZ dollar weakens as Chinese manufacturing contracts

Peter Lyons: Global financial hangover and us

As we congratulate ourselves on the buoyancy of our rock star economy, we need to appreciate that we are firmly locked into the global economy, writes Peter Lyons.

Bank mortgage war brewing

Banks are tipped to drop interest rates to new lows as competition to attract house hunters and homeowners escalates into an all-out mortgage war.

Reserve Bank opens door to cutting rate

The Reserve Bank has explicitly acknowledged its next interest rate move could be either up or down, thereby giving the financial markets a green light to price in a cut.

OCR left unchanged at 3.5 per cent

Reserve Bank Governor Graeme Wheeler has left the official cash rate unchanged this morning at 3.5 per cent, and says that won't change for a while.

Heartland shares jump to record

Liquidators to make $23m bitcoin claim

The liquidators of a New Zealand bitcoin trading platform will soon be able to make a claim for $23 million worth of the digital currency that was being held with a now-bankrupt Japanese exchange.

Keep cash rate on hold - shadow board

NZIER's monetary policy shadow board believes the Reserve Bank should leave the official cash rate on hold at 3.5 per cent tomorrow but that the next best option would be a cut.