Banking
Analysts suggest ASB's parent CBA, expected to need more capital to meet new RBNZ requirements, will splash out A$3.5b in share buyback
30th Jan 19, 3:53pm
Analysts suggest ASB's parent CBA, expected to need more capital to meet new RBNZ requirements, will splash out A$3.5b in share buyback
Craig Sims, the executive who oversaw ANZ's culling of the National Bank brand and IT merger, joins ASB
30th Jan 19, 5:00am
Craig Sims, the executive who oversaw ANZ's culling of the National Bank brand and IT merger, joins ASB
ASB forced to follow parent Commonwealth Bank of Australia and release its interim financial results on Waitangi Day
29th Jan 19, 5:00am
ASB forced to follow parent Commonwealth Bank of Australia and release its interim financial results on Waitangi Day
Deadline extended for feedback on Reserve Bank's proposals for increases to banks' regulatory capital requirements
25th Jan 19, 2:11pm
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Deadline extended for feedback on Reserve Bank's proposals for increases to banks' regulatory capital requirements
Against the backdrop of the RBNZ's review of bank capital requirements, Gareth Vaughan details the nitty-gritty of the RBNZ proposals & what they might mean for bank customers
24th Jan 19, 5:00am
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Against the backdrop of the RBNZ's review of bank capital requirements, Gareth Vaughan details the nitty-gritty of the RBNZ proposals & what they might mean for bank customers
Against the backdrop of the RBNZ's bank capital review, Gareth Vaughan details the advantageous position NZ's Aussie owned banks have over their rivals & how this may change
23rd Jan 19, 5:00am
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Against the backdrop of the RBNZ's bank capital review, Gareth Vaughan details the advantageous position NZ's Aussie owned banks have over their rivals & how this may change
Against the backdrop of the RBNZ's review of bank capital requirements, Gareth Vaughan explains how bank capital rules were liberalised for NZ's big 4 banks in 2008
22nd Jan 19, 5:00am
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Against the backdrop of the RBNZ's review of bank capital requirements, Gareth Vaughan explains how bank capital rules were liberalised for NZ's big 4 banks in 2008
Credit Suisse says potential for Royal Commission to recommend changes to mortgage broker remuneration could be lucrative for Aussie banks
21st Jan 19, 9:23am
Credit Suisse says potential for Royal Commission to recommend changes to mortgage broker remuneration could be lucrative for Aussie banks
Loan from NZCU Baywide, NZCU Central, NZCU South & Steelsands Credit Union propping up Aotearoa Credit Union ahead of proposed five-way merger
16th Jan 19, 1:33pm
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Loan from NZCU Baywide, NZCU Central, NZCU South & Steelsands Credit Union propping up Aotearoa Credit Union ahead of proposed five-way merger
FMA's Simone Robbers and Harbour Asset Management's Christian Hawkesby shifting to RBNZ assistant governor roles
14th Jan 19, 3:00pm
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FMA's Simone Robbers and Harbour Asset Management's Christian Hawkesby shifting to RBNZ assistant governor roles
Chairman Richard Westlake confident there's a future for the services Co-op Money provides despite proposed merger of 5 of its 9 credit union members
21st Dec 18, 5:00am
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Chairman Richard Westlake confident there's a future for the services Co-op Money provides despite proposed merger of 5 of its 9 credit union members
BNZ interest rate strategist Nick Smyth has a crunch of the detail of the RBNZ's new bank capital proposals; says bank funding costs will increase but the RBNZ may offset future increases in lending rates with delays to OCR rises, or even cuts
19th Dec 18, 4:48pm
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BNZ interest rate strategist Nick Smyth has a crunch of the detail of the RBNZ's new bank capital proposals; says bank funding costs will increase but the RBNZ may offset future increases in lending rates with delays to OCR rises, or even cuts
RBNZ's new capital requirements would need Heartland to lift its 'Tier 1' capital by about $15m a year; company believes the new requirements will stir more takeover activity and says it will consider any 'value-accretive' acquisition
19th Dec 18, 11:06am
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RBNZ's new capital requirements would need Heartland to lift its 'Tier 1' capital by about $15m a year; company believes the new requirements will stir more takeover activity and says it will consider any 'value-accretive' acquisition
RBNZ bank capital proposals go well beyond the international norm, are highly conservative & positive for banks' credit profiles, Fitch says
19th Dec 18, 9:56am
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RBNZ bank capital proposals go well beyond the international norm, are highly conservative & positive for banks' credit profiles, Fitch says
Credit unions NZCU South, NZCU Central, NZCU Steelsands, Aotearoa Credit Union and NZCU Baywide unveil merger plans
18th Dec 18, 2:39pm
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Credit unions NZCU South, NZCU Central, NZCU Steelsands, Aotearoa Credit Union and NZCU Baywide unveil merger plans
Analysts crunch the numbers on how much capital the big 4 banks & Heartland would need to meet proposed new RBNZ capital requirements
18th Dec 18, 12:40pm
Analysts crunch the numbers on how much capital the big 4 banks & Heartland would need to meet proposed new RBNZ capital requirements
KPMG's James Dowle says if Open Banking is to take off, more needs to be done to quell fears from customers about data security, while banks and other providers need to really demonstrate the true value and benefits
18th Dec 18, 9:46am
KPMG's James Dowle says if Open Banking is to take off, more needs to be done to quell fears from customers about data security, while banks and other providers need to really demonstrate the true value and benefits
RBNZ capital proposals would see bank profits take a significant hit with billions of dollars worth of new Tier 1 capital required
17th Dec 18, 2:40pm
RBNZ capital proposals would see bank profits take a significant hit with billions of dollars worth of new Tier 1 capital required
RBNZ wants big 4 banks to increase assets held to determine capital requirements to 90% of what other banks hold, up from 76%
17th Dec 18, 2:38pm
RBNZ wants big 4 banks to increase assets held to determine capital requirements to 90% of what other banks hold, up from 76%
Former ASB executive, and current Westpac Group executive, Roger Beaumont to take bank lobby group NZBA's helm next year
17th Dec 18, 1:25pm
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Former ASB executive, and current Westpac Group executive, Roger Beaumont to take bank lobby group NZBA's helm next year
The ANZ Banking Group says ANZ NZ would need up to NZ$8 bln of new capital to meet RBNZ's new bank capital proposals
17th Dec 18, 9:37am
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The ANZ Banking Group says ANZ NZ would need up to NZ$8 bln of new capital to meet RBNZ's new bank capital proposals
Commerce and Consumer Affairs Minister Kris Faafoi says reciprocity key to preventing open banking from seeing the big four tech companies gazump banks
15th Dec 18, 9:31am
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Commerce and Consumer Affairs Minister Kris Faafoi says reciprocity key to preventing open banking from seeing the big four tech companies gazump banks
RBNZ proposes significant increase in bank capital requirements that will eat up 70% of the sector's profits over 5 years but only have a 'minor impact' on borrowers
14th Dec 18, 1:26pm
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RBNZ proposes significant increase in bank capital requirements that will eat up 70% of the sector's profits over 5 years but only have a 'minor impact' on borrowers
As Shane Jones pushes for a bank levy to support regional NZ banking services, ACCC report says Aussie bank levy costs not being passed on to mortgage borrowers
13th Dec 18, 10:38am
As Shane Jones pushes for a bank levy to support regional NZ banking services, ACCC report says Aussie bank levy costs not being passed on to mortgage borrowers
New Zealand's Australian owned banks paid the equivalent of 66% of their $5.128 billion annual profit in dividends to their parents
13th Dec 18, 10:03am
New Zealand's Australian owned banks paid the equivalent of 66% of their $5.128 billion annual profit in dividends to their parents