Banking news

5th Oct 18, 12:02pm
Offshore operating NZ building society Pacific Eagle Capital, formerly General Equity Building Society, gets FMA infringement notice and $7,500 fine
Offshore operating NZ building society Pacific Eagle Capital, formerly General Equity Building Society, gets FMA infringement notice and $7,500 fine
5th Oct 18, 12:02pm
5th Oct 18, 11:00am
HSBC NZ reprises very low mortgage rate offer, far below any other bank, matching the 50-year-low rate it had in mid 2018
HSBC NZ reprises very low mortgage rate offer, far below any other bank, matching the 50-year-low rate it had in mid 2018
5th Oct 18, 11:00am
[Updated]
5th Oct 18, 10:04am
More home loan rate trimming this time by ASB. Its new 18-month rate now has a notable advantage against its main rivals and matches ANZ's new 1-year rate
[Updated]
More home loan rate trimming this time by ASB. Its new 18-month rate now has a notable advantage against its main rivals and matches ANZ's new 1-year rate
5th Oct 18, 10:04am
4th Oct 18, 4:00pm
Sales or profit incentives need to go for banks' top dogs - not just frontline retail staff - says head of Aussie royal commission
Sales or profit incentives need to go for banks' top dogs - not just frontline retail staff - says head of Aussie royal commission
4th Oct 18, 4:00pm
Image sourced from Shutterstock.com
4th Oct 18, 3:59pm
A review of things you need to know before you go home on Thursday; Moody's gives our banks a tick, used imports drop, cheap linkers, Wtgn rents jump, petrol inflation threat, swaps rise & steepen, NZD drops
A review of things you need to know before you go home on Thursday; Moody's gives our banks a tick, used imports drop, cheap linkers, Wtgn rents jump, petrol inflation threat, swaps rise & steepen, NZD drops
4th Oct 18, 3:59pm
4th Oct 18, 3:49pm
Ratings agency Moody's says the financial performance of our banks will continue to compare favourably with peers in other countries over the next 12-18 months despite slower credit growth and rising wholesale funding costs
Ratings agency Moody's says the financial performance of our banks will continue to compare favourably with peers in other countries over the next 12-18 months despite slower credit growth and rising wholesale funding costs
4th Oct 18, 3:49pm
4th Oct 18, 3:49pm
Ratings agency Moody's says the financial performance of our banks will continue to compare favourably with peers in other countries over the next 12-18 months despite slower credit growth and rising wholesale funding costs
Ratings agency Moody's says the financial performance of our banks will continue to compare favourably with peers in other countries over the next 12-18 months despite slower credit growth and rising wholesale funding costs
4th Oct 18, 3:49pm
Image sourced from Shutterstock.com
3rd Oct 18, 4:00pm
A review of things you need to know before you go home on Wednesday; more mortgage rate cuts, housing markets flat, dairy prices down, car sales plateau, commodity prices slip, swaps flatten, NZD lower
A review of things you need to know before you go home on Wednesday; more mortgage rate cuts, housing markets flat, dairy prices down, car sales plateau, commodity prices slip, swaps flatten, NZD lower
3rd Oct 18, 4:00pm
3rd Oct 18, 3:28pm
The Reserve Bank has spent $26.7 mln less over three years than its government funding deal allows, acknowledges bank conduct & culture review outside its remit
The Reserve Bank has spent $26.7 mln less over three years than its government funding deal allows, acknowledges bank conduct & culture review outside its remit
3rd Oct 18, 3:28pm
3rd Oct 18, 9:24am
Brian Fallow delves into the multifaceted debate around the proposed overhaul of the Reserve Bank's monetary policy framework
Brian Fallow delves into the multifaceted debate around the proposed overhaul of the Reserve Bank's monetary policy framework
3rd Oct 18, 9:24am
3rd Oct 18, 8:40am
Both TSB and Westpac move some key home loan rates lower, with TSB's eighteen month fixed rate a notable lower level. All rate offers now tightly bunched
Both TSB and Westpac move some key home loan rates lower, with TSB's eighteen month fixed rate a notable lower level. All rate offers now tightly bunched
3rd Oct 18, 8:40am
Image sourced from Shutterstock.com
2nd Oct 18, 3:59pm
A review of things you need to know before you go home on Tuesday; TSB cuts mortgage rate, Co-op Bank cuts two rates for savers, business confidence falls further, RBNZ pays big dividend, swaps and NZD stable
A review of things you need to know before you go home on Tuesday; TSB cuts mortgage rate, Co-op Bank cuts two rates for savers, business confidence falls further, RBNZ pays big dividend, swaps and NZD stable
2nd Oct 18, 3:59pm
2nd Oct 18, 2:12pm
Reserve Bank data shows non-bank financial institutions growing housing and consumer lending strongly
Reserve Bank data shows non-bank financial institutions growing housing and consumer lending strongly
2nd Oct 18, 2:12pm
29th Sep 18, 9:09am
by Guest
The 2008 financial crisis was not the result only of moral hazard; nor was it unforeseeable. While banks believed they would be bailed out, consumers, rating agencies, and policymakers all bet on housing as well, destabilising the system
The 2008 financial crisis was not the result only of moral hazard; nor was it unforeseeable. While banks believed they would be bailed out, consumers, rating agencies, and policymakers all bet on housing as well, destabilising the system
29th Sep 18, 9:09am
[Updated]
28th Sep 18, 5:27pm
Aussie Royal Commission says bad conduct driven by pursuit of short-term profit at expense of basic standards of honesty. Bank shares rise despite 'day of shame'
[Updated]
Aussie Royal Commission says bad conduct driven by pursuit of short-term profit at expense of basic standards of honesty. Bank shares rise despite 'day of shame'
28th Sep 18, 5:27pm
28th Sep 18, 4:38pm
Financial Stability Board hails progress of task force it established to promote climate change-related financial disclosure
Financial Stability Board hails progress of task force it established to promote climate change-related financial disclosure
28th Sep 18, 4:38pm
28th Sep 18, 9:07am
Researchers call for the Reserve Bank, retail banks and other regulators to be kicked into gear to ensure NZ doesn't miss the blockchain boat
Researchers call for the Reserve Bank, retail banks and other regulators to be kicked into gear to ensure NZ doesn't miss the blockchain boat
28th Sep 18, 9:07am
28th Sep 18, 5:00am
Cayman Islands bank seeks its money back from New Zealand financial services provider and affiliated NZ company
Cayman Islands bank seeks its money back from New Zealand financial services provider and affiliated NZ company
28th Sep 18, 5:00am
27th Sep 18, 4:50pm
Commerce & Consumer Affairs Minister Kris Faafoi off to Sydney to talk open banking as he mulls whether there's a govt role in 'opening up NZ’s banking regime further'
Commerce & Consumer Affairs Minister Kris Faafoi off to Sydney to talk open banking as he mulls whether there's a govt role in 'opening up NZ’s banking regime further'
27th Sep 18, 4:50pm
27th Sep 18, 3:06pm
First Credit Union seeking $5.4 million repayment for Co-op Money base capital notes
First Credit Union seeking $5.4 million repayment for Co-op Money base capital notes
27th Sep 18, 3:06pm

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