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John Kensington

'Voluntary' bank interest rate cuts seen

Banks voluntarily cutting customers' interest rates in order to avoid bidding war with rivals and keep good customers, KPMG says. What are you seeing?

Opportunities for finance companies

'Demand driven' opportunities for finance companies are out there in three sectors, but are there any takers?

'Banks ready for CFR increase'

Big banks under more pressure on their overseas funding reliance from credit rating agencies than the RBNZ, KPMG says

'Up to 2 more years of deleveraging'

KPMG sees Christchurch rebuild as key driver for bank lending to grow at better than recent anaemic rate; Sees profits holding fattish at record highs

Banks reap fixed-floating switch benefits

Margin improvement from customer switch to floating mortgages from fixed ones expected in BNZ, ANZ & Westpac results

How rogue traders get away with it

Rogue traders like UBS's Adoboli are able to 'control more than one step of the dealing process and exude confidence'

Bank costs rising despite flat lending

IT, branch costs, GST, new regulation and a hunt for new business in a weak lending environment drive up bank costs

Banks vs RBNZ in 'healthy tension"

Big five banks offshore borrowing down just 1% after initial Core Funding Ratio introduction

RBNZ's rural lending 'hand brake'

Reserve Bank's new farm lending capital requirements could hamper export-led recovery, warns KPMG

Kiwibank makes finance company push

Kiwibank steps into finance company void, won't rule out tilt at SCF assets