John Kensington

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

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

Rebecca Stevenson says as a customer, TSB feels like a small bank stuck in a hard place

Rebecca Stevenson says as a customer, TSB feels like a small bank stuck in a hard place

KPMG's annual banking sector review showing profits topping $7 billion likely to add to calls for bank competition probe

KPMG's annual banking sector review showing profits topping $7 billion likely to add to calls for bank competition probe

Whilst loan volume growth will likely be lower, loans may prove stickier for banks as economic conditions toughen for borrowers, KPMG says

Whilst loan volume growth will likely be lower, loans may prove stickier for banks as economic conditions toughen for borrowers, KPMG says

KPMG suggests banks may need to refine the expected credit loss modelling used in their loan loss provisioning in the wake of the COVID-19 crisis

KPMG suggests banks may need to refine the expected credit loss modelling used in their loan loss provisioning in the wake of the COVID-19 crisis

David Hargreaves says the Government needs to take a hard look at the growing usage of Kiwisaver to fund deposits for houses - and the risks that this carries

David Hargreaves says the Government needs to take a hard look at the growing usage of Kiwisaver to fund deposits for houses - and the risks that this carries

KPMG's head of banking and finance John Kensington wonders whether the growing trend of young Kiwis using Kiwisaver for a home deposit is just 'pushing the problem of retirement affordability down the track' for future generations

KPMG's head of banking and finance John Kensington wonders whether the growing trend of young Kiwis using Kiwisaver for a home deposit is just 'pushing the problem of retirement affordability down the track' for future generations

KPMG warns banks of threats to their lucrative credit card business from rivals and regulators if they don't get on the front foot and assist struggling borrowers

KPMG warns banks of threats to their lucrative credit card business from rivals and regulators if they don't get on the front foot and assist struggling borrowers

New Zealand banks are making hay while the sun shines but KPMG argues they're heading into some of their most challenging times ever

New Zealand banks are making hay while the sun shines but KPMG argues they're heading into some of their most challenging times ever

KPMG's annual FIPS for the non-banking sector reports that a number of participants in its survey have noted 'quite an impact' from the new lay-buy schemes; questions over non-regulation of such schemes

KPMG's annual FIPS for the non-banking sector reports that a number of participants in its survey have noted 'quite an impact' from the new lay-buy schemes; questions over non-regulation of such schemes

KPMG's annual survey of non-bank financial institutions shows a declining availability of cheap funding as one lender delivers a net interest margin as high as 22.67%

KPMG's annual survey of non-bank financial institutions shows a declining availability of cheap funding as one lender delivers a net interest margin as high as 22.67%

KPMG report indicates bank funding costs are starting to track up slightly after a two-year downward trend; Shows loan growth slowing and loan quality improving

KPMG report indicates bank funding costs are starting to track up slightly after a two-year downward trend; Shows loan growth slowing and loan quality improving

KPMG report shows the banking sector's interest expense relative to average interest bearing liabilities has contracted to an all-time low

KPMG report shows the banking sector's interest expense relative to average interest bearing liabilities has contracted to an all-time low

KPMG's annual FIPS says bank bosses are questioning whether the beginnings of a structural change in the way Kiwis invest is hitting their deposit funding

KPMG's annual FIPS says bank bosses are questioning whether the beginnings of a structural change in the way Kiwis invest is hitting their deposit funding

NZ banks' net interest margins coming under some pressure but not falling as far as funding costs

NZ banks' net interest margins coming under some pressure but not falling as far as funding costs