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Latest News

Banks told to do more with big data

International report on retail banking innovation highlights big data opportunities

ANZ's Hisco says union strikes 'petering out'

ANZ NZ CEO David Hisco says First Union led strikes causing no disruption to customers because not many staff are striking

BNZ's mortgage cross sell opportunity

BNZ CEO Anthony Healy playing long game in mortgage market, says marketshare 'well off par' from BNZ's business lending marketshare

ANZ NZ annual profit up 25%

Annual profit jumps $343 mln, or 25%, to record high of NZ$1.7 billion at ANZ NZ; But second half-year softens

Govt insurance, risk management business on block

MBIE seeks panel of risk financing & insurance intermediary service providers for about $130m of annual government business

ASB's Apple Pay assessment

Apple may struggle to find as much oxygen for Apple Pay in NZ as in the US, ASB says

RBNZ drops talk of future rate hikes

RBNZ drops comment on further rate hikes in dovish statement; warns again on high NZ$; currency and swaps fall further; economists react; Greens attack RBNZ

Govt not rushing to 'end banking secrecy as we know it'

NZ in the slow lane alongside Australia in implementation of global initiative to 'end banking secrecy as we know it'

Online spending jumps in September

Surge in retail spending online in September in dramatic contrast to previous trends; use of online buying by over 65 yr olds growing fastest

ANZ accused of 'appalling' behaviour

First Union's Maxine Gay says ANZ should be a leader in promoting work-life balance because bank work is predictable; ANZ says it's not casualising jobs

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