Banking and financeTraders pay price for Swiss franc moveGlobal fallout from the shock decision by Switzerland's move to remove the cap on the franc has widened with more traders and hedge funds closing or facing escalating losses.18 Jan 04:00 PM
Banking and financeECB set to reveal big bond buyThe European Central Bank is set to unveil a programme of mass bond buying next week to save the eurozone from deflation.18 Jan 04:00 PM
Banking and financeAuckland firm shut by franc moveFallout from the Swiss central bank's surprise move to ditch the franc's cap against the euro spread to Queen St yesterday, with an Auckland-based currency brokerage announcing it was shutting down....16 Jan 11:00 PM
Banking and financeSwiss drop currency bombshellSwitzerland's central bank has dropped a bombshell on foreign exchange markets by withdrawing its currency peg against the euro, driving the Swiss franc sharply higher and pushing other currencies,....16 Jan 07:00 PM
Banking and financeSwiss firms hit by currency moveMore than 60 billion ($116 billion) was wiped off the value of Switzerland's leading companies after the central bank scrapped the cap on the Swiss franc against the euro.16 Jan 04:00 PM
Aged careMortgage wars: Banks prune ratesBanks have started cutting interest rates as the busy house-hunting season heats up. So how will it affect would-be home-buyers?14 Jan 04:00 PM
OpinionPeter Lyons: Why bubbles don't go down well at barbecuesThroughout modern history commercial banks have a nasty habit of periodically stuffing up the wider economy through bad lending, writes Peter Lyons.12 Jan 08:30 PM
BDBDBanking and financeRBNZ named 'Central Bank of the year'The Reserve Bank of New Zealand's efforts to stifle house price inflation by using new policy tools has seen the institution named Central Bank of the year.12 Jan 07:39 PM
Banking and financeBroker returns to face chargesA New Zealand-based money broker will return voluntarily to his former home of Britain this year to face fraud charges and allegations he tried to manipulate international banking rates.11 Jan 04:00 PM
BDBDBanking and financeNZ dollar up to 21 month high vs EuroThe Kiwi dollar rose to a 21-month high against the euro after data showed the Eurozone slipped into deflation.07 Jan 08:20 PM
BDBDBanking and financeNew Zealand dollar's new highThe NZ dollar has hit a fresh post-float high against the Aussie dollar - touching 96.22 Australian cents. Why is it doing so well?06 Jan 09:50 PM
BDBDBanking and financeNZD hits record high against AussieThe New Zealand dollar rose to its highest against the Australian dollar since the Aussie was floated in 1983.30 Dec 08:07 PM
OpinionLiam DannLiam Dann: Lots of life left in this year, never mind the one aheadLiam Dann writes: 2014 doesn't look like letting go early. In fact, like a good TV drama, it looks set to end on a cliff-hanger.21 Dec 04:30 PM
New ZealandGood cash choices will pay offDon't fall into the trap of paying off your credit card at the minimum rate. Banks usually require 3-5 per cent of the total each month...20 Dec 04:00 PM
OpinionAmbrose Evans-Pritchard: Japan's recovery bid a threat to the worldHSBC has warned that Japan's barely disguised attempt to drive down the yen is becoming dangerous and may spin out of control, leading to an exchange rate crisis next year and a worldwide currency....17 Dec 04:00 PM
Banking and financeRussian crisis: Why it mattersRussia's ruble was tanking on Tuesday faster than journalists could type, hitting levels against the dollar that were unimaginable even a week ago.16 Dec 10:38 PM
Banking and financeFirms target opportunities in high dollarMost New Zealand corporates have learned how to deal with a high exchange rate and are now looking at the opportunities it presents for investing overseas, HSBC's New Zealand chief executive, Noel....15 Dec 04:00 PM
BDBDBanking and financeDollar drifts lower as crude oil prices continue slideThe New Zealand dollar fell as the continued decline in crude oil prices stoked concern that global economic growth may be faltering14 Dec 07:49 PM
OpinionBrian Fallow: Riding the dairy monsterA $6 billion drop in dairy farmers' incomes this season is a blow to the wider economy, no question, writes Brian Fallow. But it's not all bad.11 Dec 08:30 PM
Banking and financeBanks face warning from FMAThe Financial Markets Authority has warned it may name and shame banks or even restrict their licences if alleged KiwiSaver mis-selling and switching practices are allowed to continue.11 Dec 04:00 PM