Latest fromWall St Meltdown
Kiwibank gets 40pc of new mortgage value in June quarter
Kiwibank accounted for 40 per cent of new residential mortgages written by the major banks in the June quarter.
<i>Geoff Hardy</i>: Dropping into red brings out managers' true colours
Recessions test ethics and morality.
<i>Bernard Hickey:</i> Kiwis, count your blessings
There are 10 reasons to be cheerful after two weeks of gloom. They are also an antidote for those who say I am a permanent harbinger of doom.
<i>Gareth Morgan:</i> Too big to fail Kiwi style
The panic to bail out SCF reveals cracks in the economy, writes Gareth Morgan.
Former Lehman boss comes out fighting at crisis inquiry
The former boss of Lehman Brothers has let loose his bitterness at the US government's failure to save his firm in 2008.
<i>Susan Easton:</i> Banks feeling whip as govts drive down taxpayer risk
A climate of reform will put the squeeze on the industry's profitability for some time, writes Susan Easton.
UK economists have cause to be cheerful
A list of seven reasons why the suits in the City of London should be full of optimism.
'Smiling assassin' targets rich immigrants
At Merrill Lynch in 1998, the ever-cheerful John Key was nicknamed "the smiling assassin" after he fired some 50 members of his team.
<i>Christopher Worthington:</i> Role of debt overstated in finance crisis
The deleveraging story may be completely back to front. The problem is not too much debt, but not enough of the good stuff.