Banking news

17 Nov 18, 10:34am
Aotearoa Credit Union annual loss tops $2m as new Oracle core banking system causes loss of customers & leads to unreliable management reports
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17 Nov 18, 10:02am
RBNZ, a payer of chunky dividends to the Government, wants to keep more of the money it generates to boost its prudential regulation department
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16 Nov 18, 3:59pm
A review of things you need to know before you go home on Friday; plenty of rate changes, PMIs improve, KiwiSavers take a hit, lakes refill fast, petrol prices drop, swaps soften, NZD rises, & more
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15 Nov 18, 3:59pm
A review of things you need to know before you go home on Thursday; some rate changes, big bond issues, Jones not spending fast enough, a $1.09 tln investment, swaps dip, NZD strong, & more
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15 Nov 18, 1:02pm
'High risk' of inappropriate sales practices occurring with banks 'not adequately' monitoring and controlling the risk, FMA says in bank pay incentive structures report
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15 Nov 18, 1:00pm
FMA director of regulation Liam Mason details the type of bank pay incentives the regulator would like to see rewarded, says incentives linked to sales should go completely
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14 Nov 18, 3:59pm
A review of things you need to know before you go home on Wednesday; no rate changes, house sales 'normal', Anderson passes, swaps softer and flatter, NZD holds high, & more
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13 Nov 18, 3:59pm
A review of things you need to know before you go home on Tuesday; ASB cuts, Co-op Bank changes, food prices unchanged, Fonterra has China win, population up +1.9%, swaps & NZD little changed, & more
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13 Nov 18, 12:43pm
Reserve Bank climate change strategy to focus on both its own activities and its regulatory oversight of financial stability
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13 Nov 18, 5:00am
Review considers change to existing RBNZ sound & efficient financial system policy objective with competition, consumer protection & public confidence also in the mix
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12 Nov 18, 3:59pm
A review of things you need to know before you go home on Monday; many rate and cash-back changes, good time to buy a house, consumer spending rises, more bond issues, swaps and NZD on hold, & more
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12 Nov 18, 11:58am
RBNZ Act review consultation paper details the local banking system by the numbers, highlighting the dominance of the Aussie owned banks
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12 Nov 18, 10:33am
Treasury to probe 'fundamental change' and growth required by Kiwibank to take on core government banking in 2023
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12 Nov 18, 9:05am
ANZ follows up its new lower one year rate with a $3000 cash back incentive, with conditions that include promising to stay with them for three years
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11 Nov 18, 6:30am
Shane Jones accuses the FMA of being 'chummy' with banks, the RBNZ of being too independent and the Super Fund of using the wrong investment strategy 
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10 Nov 18, 9:43am
We examine the margin shifts as wholesale money rates rise just as one large mortgage bank cuts a key rate, looking at the pressures and motivations for the move
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10 Nov 18, 9:00am
New Zealand's largest home loan lender challenges its main rivals with a sub-4% one year fixed mortgage rate - just as wholesale swap rates turn up
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9 Nov 18, 5:00am
Auckland-based non-bank deposit taker FE Investments has reissued its annual accounts after failing to disclose payments received by directors through another company they control
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8 Nov 18, 3:59pm
A review of things you need to know before you go home on Thursday; no rate changes even from RBNZ, Fonterra shareholders unhappy, more concrete poured, swap rates up again, NZD stronger
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7 Nov 18, 3:59pm
A review of things you need to know before you go home on Wednesday; no rate changes today but major drama in jobs, inflation expectations and wholesale rate data. NZD rises strongly, & more
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