Banking news

19th Aug 19, 3:59pm
A review of things you need to know before you go home on Monday; minor rate changes, service sector perks up, business costs rise faster than prices, Moody's sees improving affordability, swap rates up, NZD down, & more
A review of things you need to know before you go home on Monday; minor rate changes, service sector perks up, business costs rise faster than prices, Moody's sees improving affordability, swap rates up, NZD down, & more
19th Aug 19, 3:59pm
19th Aug 19, 9:49am
by Guest
Bell Gully's Richard Massey takes a look at what ASIC's loss in a landmark responsible lending case against Westpac means for New Zealand lenders
Bell Gully's Richard Massey takes a look at what ASIC's loss in a landmark responsible lending case against Westpac means for New Zealand lenders
19th Aug 19, 9:49am
17th Aug 19, 9:31am
Finance Minister Grant Robertson now tight-lipped on whether the RBNZ should be able to limit bank lending based on borrowers' incomes, having previously opposed such restrictions 
Finance Minister Grant Robertson now tight-lipped on whether the RBNZ should be able to limit bank lending based on borrowers' incomes, having previously opposed such restrictions 
17th Aug 19, 9:31am
16th Aug 19, 3:59pm
A review of things you need to know before you go home on Friday; some big rate changes, factories gloomy, house price expectations up, big lift in ship cruise business, swaps fall; NZD flat, & more
A review of things you need to know before you go home on Friday; some big rate changes, factories gloomy, house price expectations up, big lift in ship cruise business, swaps fall; NZD flat, & more
16th Aug 19, 3:59pm
16th Aug 19, 9:25am
CEO Chris Flood says Heartland Bank's small size relative to competitors and high net interest margin gives him comfort the bank can continue to grow deposits
CEO Chris Flood says Heartland Bank's small size relative to competitors and high net interest margin gives him comfort the bank can continue to grow deposits
16th Aug 19, 9:25am
[Updated]
15th Aug 19, 3:59pm
A review of things you need to know before you go home on Thursday; many rate cuts, population adjusted down, NZGB bond yield sinks, Heartland profit rises, swaps drop, NZD stable, & more
[Updated]
A review of things you need to know before you go home on Thursday; many rate cuts, population adjusted down, NZGB bond yield sinks, Heartland profit rises, swaps drop, NZD stable, & more
15th Aug 19, 3:59pm
15th Aug 19, 10:49am
Heartland Group Holdings has reported after-tax profits of $73.6 million for the June financial year and is forecasting a profit of between $77 million and $80 million for the forthcoming year
Heartland Group Holdings has reported after-tax profits of $73.6 million for the June financial year and is forecasting a profit of between $77 million and $80 million for the forthcoming year
15th Aug 19, 10:49am
14th Aug 19, 3:59pm
A review of things you need to know before you go home on Wednesday; more rate cuts, inflation rise, Harmoney gets new boss, China data surprisingly weak, swaps firm, NZD unchanged, & more
A review of things you need to know before you go home on Wednesday; more rate cuts, inflation rise, Harmoney gets new boss, China data surprisingly weak, swaps firm, NZD unchanged, & more
14th Aug 19, 3:59pm
14th Aug 19, 1:52pm
Case against ANZ by investors in Ross Asset Management likely to be held next year, with investors claiming in excess of $50 million against the bank
Case against ANZ by investors in Ross Asset Management likely to be held next year, with investors claiming in excess of $50 million against the bank
14th Aug 19, 1:52pm
[Updated]
13th Aug 19, 3:59pm
A review of things you need to know before you go home on Tuesday; BNZ and TSB cuts rates, housing markets perks up, fruit & veg prices down -9%, rent rises slow, swaps lower, NZD lower, & more
[Updated]
A review of things you need to know before you go home on Tuesday; BNZ and TSB cuts rates, housing markets perks up, fruit & veg prices down -9%, rent rises slow, swaps lower, NZD lower, & more
13th Aug 19, 3:59pm
13th Aug 19, 11:51am
ASB has opened a bond offer, notionally seeking $100 mln, but with 'unlimited' oversubscriptions; Westpac NZ recently took a stunning $900 mln through the same tactics
ASB has opened a bond offer, notionally seeking $100 mln, but with 'unlimited' oversubscriptions; Westpac NZ recently took a stunning $900 mln through the same tactics
13th Aug 19, 11:51am
13th Aug 19, 11:16am
A less redacted version of ANZ NZ's submission on the RBNZ's proposals to increase bank capital requirements, released to interest.co.nz, includes a surprising admission from the country's biggest bank
A less redacted version of ANZ NZ's submission on the RBNZ's proposals to increase bank capital requirements, released to interest.co.nz, includes a surprising admission from the country's biggest bank
13th Aug 19, 11:16am
12th Aug 19, 3:59pm
A review of things you need to know before you go home on Monday; ANZ cuts rates, retail trade weak, Fonterra weakened, DTI data launched, 'responsible lending' in spotlight, swaps firm, NZD softish, & more
A review of things you need to know before you go home on Monday; ANZ cuts rates, retail trade weak, Fonterra weakened, DTI data launched, 'responsible lending' in spotlight, swaps firm, NZD softish, & more
12th Aug 19, 3:59pm
11th Aug 19, 9:52am
Following revelations about ex-ANZ New Zealand CEO David Hisco's opulent lifestyle, ASB CEO Vittoria Shortt gets a first hand taste of public perceptions towards bank bosses
Following revelations about ex-ANZ New Zealand CEO David Hisco's opulent lifestyle, ASB CEO Vittoria Shortt gets a first hand taste of public perceptions towards bank bosses
11th Aug 19, 9:52am
[Updated]
9th Aug 19, 3:59pm
A review of things you need to know before you go home on Friday; Heartland cuts TD rates, truckometer rises, migration stays high, DTI data coming, ASB goes to the well, swaps stable, NZD firms, & much more
[Updated]
A review of things you need to know before you go home on Friday; Heartland cuts TD rates, truckometer rises, migration stays high, DTI data coming, ASB goes to the well, swaps stable, NZD firms, & much more
9th Aug 19, 3:59pm
9th Aug 19, 9:32am
ASB CEO Vittoria Shortt pledges her bank will accept whatever regulatory capital requirements the RBNZ decides to implement, but argues ASB's alternative capital proposals represent a better balance between stability and cost
ASB CEO Vittoria Shortt pledges her bank will accept whatever regulatory capital requirements the RBNZ decides to implement, but argues ASB's alternative capital proposals represent a better balance between stability and cost
9th Aug 19, 9:32am
[Updated]
8th Aug 19, 3:59pm
A review of things you need to know before you go home on Thursday; only floating rate changes, few TD rate changes, lower Govt bond yields, Aussie insurers star in NZ, swaps sink further, NZD firms, & more
[Updated]
A review of things you need to know before you go home on Thursday; only floating rate changes, few TD rate changes, lower Govt bond yields, Aussie insurers star in NZ, swaps sink further, NZD firms, & more
8th Aug 19, 3:59pm
8th Aug 19, 9:42am
ASB CEO Vittoria Shortt says partnership with Swedish fintech bank Klarna is both a defensive & offensive move through which any buy now pay later services will be covered by the CCCFA
ASB CEO Vittoria Shortt says partnership with Swedish fintech bank Klarna is both a defensive & offensive move through which any buy now pay later services will be covered by the CCCFA
8th Aug 19, 9:42am
8th Aug 19, 5:00am
A closer look at the 'regret analysis' and view that low interest rates are the new norm that underpinned the Reserve Bank's decision to cut the OCR to 1%
A closer look at the 'regret analysis' and view that low interest rates are the new norm that underpinned the Reserve Bank's decision to cut the OCR to 1%
8th Aug 19, 5:00am
7th Aug 19, 3:59pm
A review of things you need to know before you go home on Wednesday; Orr shocks with -50 bps OCR cut, most major pass on almost all of it to floating rate, QV prices slip, dairy prices fall, swaps drop hard, NZD falls sharply, & more
A review of things you need to know before you go home on Wednesday; Orr shocks with -50 bps OCR cut, most major pass on almost all of it to floating rate, QV prices slip, dairy prices fall, swaps drop hard, NZD falls sharply, & more
7th Aug 19, 3:59pm

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