Banking

Analysts detail opportunity for major banks to boost return on equity from mortgages by 15 basis points

Analysts detail opportunity for major banks to boost return on equity from mortgages by 15 basis points

Major banks 'locking in' their market power and hindering fintechs, the Commerce Commission says, adding BNZ 'has not met our expectations'

Major banks 'locking in' their market power and hindering fintechs, the Commerce Commission says, adding BNZ 'has not met our expectations'

RBNZ Chairman Neil Quigley resigns day after release of Ombudsman's report on handling of Adrian Orr departure

RBNZ Chairman Neil Quigley resigns day after release of Ombudsman's report on handling of Adrian Orr departure

Kiwibank has a public policy wind behind it as it sails into business banking

Kiwibank has a public policy wind behind it as it sails into business banking

There are two definite winners in the long term battle for home loan market share, and one clear underperformer. These pressures partly explain why some banks are more competitive than others

There are two definite winners in the long term battle for home loan market share, and one clear underperformer. These pressures partly explain why some banks are more competitive than others

Shortcomings in the Reserve Bank's current mortgage lending database should be resolved by new reporting system currently being developed

Shortcomings in the Reserve Bank's current mortgage lending database should be resolved by new reporting system currently being developed

Responding to political pressure, the RBNZ is citing a new, 'higher risk appetite' for lower bank capital settings

Responding to political pressure, the RBNZ is citing a new, 'higher risk appetite' for lower bank capital settings

A majority of Finance and Expenditure Committee members want the Reserve Bank to scrap all further increases in bank capital requirements and establish an independent committee to make prudential policy more market friendly

A majority of Finance and Expenditure Committee members want the Reserve Bank to scrap all further increases in bank capital requirements and establish an independent committee to make prudential policy more market friendly

Heartland posts a $46.9 million underlying June-year profit and targets $85 million for FY2026

Heartland posts a $46.9 million underlying June-year profit and targets $85 million for FY2026

Kiwibank posts a 5% lower $191 million profit as slimmer margins battle strong loan growth

Kiwibank posts a 5% lower $191 million profit as slimmer margins battle strong loan growth

Live-stream of the August 2025 RBNZ Monetary Policy Statement press conference with Governor Christian Hawkesby

Live-stream of the August 2025 RBNZ Monetary Policy Statement press conference with Governor Christian Hawkesby

All eyes will be on Heartland Bank's key reverse mortgage product when it reports annual results on August 21

All eyes will be on Heartland Bank's key reverse mortgage product when it reports annual results on August 21

Analysts seek details on a series of key issues in upcoming ANZ strategy day

Analysts seek details on a series of key issues in upcoming ANZ strategy day

ASB's flat June-year profit saw expense growth keep pace with income

ASB's flat June-year profit saw expense growth keep pace with income

The RBNZ wants the $420 billion-a-month bank-owned High Value Clearing System brought under its supervision

The RBNZ wants the $420 billion-a-month bank-owned High Value Clearing System brought under its supervision