Banking news

21 Sep 18, 5:00am
Banking Ombudsman Scheme working on sector-wide complaints data system as it mulls increasing the limit on customer claims to $350,000
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20 Sep 18, 10:20am
Heartland Bank shareholders vote heavily in favour of proposed restructure that will free the bank from Reserve Bank imposed growth and funding constraints
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19 Sep 18, 4:48pm
BNZ delays comprehensive credit reporting until 2019 blaming 'new requirements introduced by regulators in relation to cloud-based storage platforms'
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19 Sep 18, 4:47pm
Academic assisting bankers with industry-wide whistleblower standard drawing on a trans-Tasman project he's involved in to provide benchmarks
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19 Sep 18, 9:27am
KPMG's June quarter FIPS shows banks' lifted profit by almost 15%, loan provisions steady at higher levels
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18 Sep 18, 5:03pm
Bank lobby group the New Zealand Bankers' Association developing an industry-wide whistleblower standard as FMA & RBNZ bank probe is labelled 'closed-door'
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18 Sep 18, 5:01pm
Two and a half years after ANZ put its NZ vehicle and asset finance provider UDC on the block there's no indication of an imminent sale
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18 Sep 18, 5:00am
Why are NZ banks cutting mortgage rates as Aussie banks hike them, and how long might this last?
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17 Sep 18, 5:00am
The capacity of home loan borrowers to borrow has dropped by about 20% over the past couple of years, mortgage brokers estimate
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15 Sep 18, 8:27am
The collapse of Lehman Brothers, the GFC and all that it spawned, from sub-prime mortgages to Donald Trump. Plus reminiscing with 2 Kiwis who had front row seats
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13 Sep 18, 2:52pm
Blackstar Capital Group eyes 'significant opportunities' for non-bank financiers in NZ & Australia after taking majority ownership of Asset Finance
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12 Sep 18, 4:41pm
ICBC NZ and Bank of China NZ have upped their provisions on loans to embattled insurer CBL
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12 Sep 18, 12:15pm
Credit rating agency has stable outlook for regional New Zealand banks despite pressures
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12 Sep 18, 11:59am
Former Reserve Bank chairman and acting governor Rod Carr appointed an ASB director
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12 Sep 18, 10:21am
Bankers' Association Acting CEO Antony Buick-Constable rejects suggestions banks are not playing their part in the construction sector and says bank lending to the sector is at its highest since the GFC
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10 Sep 18, 10:53am
Key consultation period of over-arching review of the Reserve Bank will take place over the Christmas-New Year holiday period
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7 Sep 18, 4:30pm
Finance Minister Grant Robertson adds ex-bank boss, former FMA enforcer and commercial lawyer to panel advising him on Phase 2 of the RBNZ Act review
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7 Sep 18, 7:46am
FMA boss calls for financial services firms to stop focusing on shareholders at the expense of customers, with public trust the worst it has been since the GFC
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6 Sep 18, 2:05pm
Finance Minister Grant Robertson says location of bank branches is up to banks, but notes banks need a 'social licence' to operate
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5 Sep 18, 5:00am
New Zealand Bankers' Association advertising for a new CEO after Karen Scott-Howman departs
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