Banking
Andrew Body & Simon Jensen argue efficient credit allocation to reduce the cost of capital for business and improve productivity is a silver bullet for the NZ economy
11th Oct 23, 9:44am
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Andrew Body & Simon Jensen argue efficient credit allocation to reduce the cost of capital for business and improve productivity is a silver bullet for the NZ economy
Four NZ-owned banks suggest laws could be targeted at improving competition, or at least not harming it
11th Oct 23, 9:21am
Four NZ-owned banks suggest laws could be targeted at improving competition, or at least not harming it
The cutting edge behavioural analytics NZ banks could use to shut down scammers, and which big bank has signed up
2nd Oct 23, 2:04pm
2
The cutting edge behavioural analytics NZ banks could use to shut down scammers, and which big bank has signed up
Commerce Commission receives 120 complaints about payment surcharges
28th Sep 23, 11:42am
Commerce Commission receives 120 complaints about payment surcharges
KPMG's latest quarterly look at banks' financials highlights that only 'slight' increases have been seen in net interest income, with much of the increased bank profitability coming from greater gains on trading and hedging products
27th Sep 23, 9:51am
1
KPMG's latest quarterly look at banks' financials highlights that only 'slight' increases have been seen in net interest income, with much of the increased bank profitability coming from greater gains on trading and hedging products
Even though rates are now at fifteen year highs, home loan borrowers should be anticipating further fixed rate rises, and quite soon for the next shift up
24th Sep 23, 12:00pm
181
Even though rates are now at fifteen year highs, home loan borrowers should be anticipating further fixed rate rises, and quite soon for the next shift up
NZ banks are lagging on real-time payments and fraud protections. The Commerce Commission says it could force them to get on with it
22nd Sep 23, 10:59am
2
NZ banks are lagging on real-time payments and fraud protections. The Commerce Commission says it could force them to get on with it
Government sell-down via partial share market listing wouldn't be a massive change, Kiwibank CEO says, but requirement for a bigger dividend could impact capital plans
22nd Sep 23, 9:29am
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Government sell-down via partial share market listing wouldn't be a massive change, Kiwibank CEO says, but requirement for a bigger dividend could impact capital plans
[updated]
Show me the (scammed) money: Banking Ombudsman says complaints from scammed New Zealanders show they lost on average $57,000
19th Sep 23, 2:08pm
9
Show me the (scammed) money: Banking Ombudsman says complaints from scammed New Zealanders show they lost on average $57,000
Squirrel's David Cunningham says ASB's high mortgage rates are hitting its market share and short-term profit from higher margins will come at the expense of longer-term profits
16th Sep 23, 9:12am
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Squirrel's David Cunningham says ASB's high mortgage rates are hitting its market share and short-term profit from higher margins will come at the expense of longer-term profits
[updated]
'Just goes to show how behind we are': NZ banks to bring in name and account number checking, remove links from texts and work together to freeze mule accounts to combat rampant scams
15th Sep 23, 10:37am
23
'Just goes to show how behind we are': NZ banks to bring in name and account number checking, remove links from texts and work together to freeze mule accounts to combat rampant scams
Assistant Governor Karen Silk says RBNZ to review how it manages settlement cash in the banking system during a crisis
14th Sep 23, 7:40am
Assistant Governor Karen Silk says RBNZ to review how it manages settlement cash in the banking system during a crisis
Hush money? NZ banks offer financial settlements to scammed customers if they agree not to talk about it
12th Sep 23, 12:00pm
12
Hush money? NZ banks offer financial settlements to scammed customers if they agree not to talk about it
New Zealand banks need to do right by their customers, and it starts with dropping mortgage rates, David Cunningham argues
7th Sep 23, 8:00am
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New Zealand banks need to do right by their customers, and it starts with dropping mortgage rates, David Cunningham argues
George Kladakis & Alexandros Skouralis say the US banking system remains vulnerable to shocks from within the financial system and more general calamities
6th Sep 23, 9:18am
2
George Kladakis & Alexandros Skouralis say the US banking system remains vulnerable to shocks from within the financial system and more general calamities
RBNZ to consider a potential role for statutory bail-in powers on bank liabilities such as bonds in the event of a bank failure
5th Sep 23, 7:22am
RBNZ to consider a potential role for statutory bail-in powers on bank liabilities such as bonds in the event of a bank failure
[updated]
Australian non-bank lender Pepper Money acquiring $1.4 bln NZ mortgage portfolio from HSBC
1st Sep 23, 12:10pm
28
Australian non-bank lender Pepper Money acquiring $1.4 bln NZ mortgage portfolio from HSBC
Credit rating agency S&P says Commerce Commission competition probe won't materially affect the major banks' market positions or profitability
31st Aug 23, 1:45pm
1
Credit rating agency S&P says Commerce Commission competition probe won't materially affect the major banks' market positions or profitability
[updated]
Heartland Group Holdings sets cost to income ratio 'ambition' as it seeks to boost return on equity
30th Aug 23, 9:08am
Heartland Group Holdings sets cost to income ratio 'ambition' as it seeks to boost return on equity
Significant June quarter increase in non-performing housing loan volumes for ANZ NZ and ASB
29th Aug 23, 9:14am
Significant June quarter increase in non-performing housing loan volumes for ANZ NZ and ASB
CEO Steve Jurkovich wants New Zealanders to be 'fired up enough' to move to Kiwibank if they want a more competitive banking market
26th Aug 23, 10:45am
26
CEO Steve Jurkovich wants New Zealanders to be 'fired up enough' to move to Kiwibank if they want a more competitive banking market
[updated]
Kiwibank June-year profit hits $175 mln as income surges, loan impairment losses more than double
24th Aug 23, 8:53am
34
Kiwibank June-year profit hits $175 mln as income surges, loan impairment losses more than double
We have to make it harder for scammers, but the battle against fraudsters won't be won with one change: Janine Starks
23rd Aug 23, 11:10am
5
We have to make it harder for scammers, but the battle against fraudsters won't be won with one change: Janine Starks
Westpac New Zealand's non-performing loans rise in the June quarter
Home loans at least 90 days past due on the rise at New Zealand's biggest bank
21st Aug 23, 9:44am
Home loans at least 90 days past due on the rise at New Zealand's biggest bank