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Vittoria Shortt

ASB posts 4% rise in half-year profit to $625 million as income rises and expenses fall
10th Feb 21, 10:49am
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ASB posts 4% rise in half-year profit to $625 million as income rises and expenses fall
ASB says residential property investors seeking loans must now have a 40% deposit, with bank's CEO 'concerned high levels of investor demand are unsustainable'
5th Feb 21, 5:15pm
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ASB says residential property investors seeking loans must now have a 40% deposit, with bank's CEO 'concerned high levels of investor demand are unsustainable'
Banks are moving quickly to reinstate LVR restrictions now that they have the RBNZ's signal. The first to announce them is heavyweight ASB, which is moving 'immediately'
12th Nov 20, 5:07pm
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Banks are moving quickly to reinstate LVR restrictions now that they have the RBNZ's signal. The first to announce them is heavyweight ASB, which is moving 'immediately'
Kiwibank CEO Steve Jurkovich calls for government grants for small businesses to help with economic recovery from COVID-19 crisis
29th Oct 20, 9:31am
Kiwibank CEO Steve Jurkovich calls for government grants for small businesses to help with economic recovery from COVID-19 crisis
Gareth Vaughan suggests the attitudes of Reserve Bank Governor Adrian Orr and the big four banks' bosses present at last week's INFINZ conference suggests some interesting times ahead as key issues come to a head
28th Oct 20, 1:27pm
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Gareth Vaughan suggests the attitudes of Reserve Bank Governor Adrian Orr and the big four banks' bosses present at last week's INFINZ conference suggests some interesting times ahead as key issues come to a head
RBNZ Governor Adrian Orr tells bank bosses to look past their noses, as ANZ NZ chairman plus ASB, BNZ and Westpac CEOs speak out against the possibility of the RBNZ taking the OCR negative
24th Oct 20, 9:59am
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RBNZ Governor Adrian Orr tells bank bosses to look past their noses, as ANZ NZ chairman plus ASB, BNZ and Westpac CEOs speak out against the possibility of the RBNZ taking the OCR negative
ASB's June year profit drops 25% as COVID-19 related loan provisioning ramps up, income falls and expenses rise
12th Aug 20, 10:36am
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ASB's June year profit drops 25% as COVID-19 related loan provisioning ramps up, income falls and expenses rise
JP Morgan analysts suggest a top-up of ASB's loan provisioning may be a feature of parent Commonwealth Bank of Australia's annual results
5th Aug 20, 9:36am
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JP Morgan analysts suggest a top-up of ASB's loan provisioning may be a feature of parent Commonwealth Bank of Australia's annual results
ASB says it's recruiting about 150 staff to provide specialist guidance and advice to customers as the bank adapts to an increasingly digitised world
1st Jul 20, 11:50am
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ASB says it's recruiting about 150 staff to provide specialist guidance and advice to customers as the bank adapts to an increasingly digitised world
Banks' 'social licence' to operate is likely to curtail the mass cull of branches for now, but lessons learnt during the COVID-19 crisis means this can't be ruled out longer term
3rd Jun 20, 10:15am
Banks' 'social licence' to operate is likely to curtail the mass cull of branches for now, but lessons learnt during the COVID-19 crisis means this can't be ruled out longer term
ASB's CEO Vittoria Shortt says Covid-19 pandemic has caused a crisis of confidence with the tough decisions yet to come as parent CBA steps up loan loss provisions
14th May 20, 8:31am
ASB's CEO Vittoria Shortt says Covid-19 pandemic has caused a crisis of confidence with the tough decisions yet to come as parent CBA steps up loan loss provisions
Bank bosses divided ahead of key industry workshop on whether new redeemable perpetual preference shares will be fit for retail investors
27th Feb 20, 9:21am
Bank bosses divided ahead of key industry workshop on whether new redeemable perpetual preference shares will be fit for retail investors
The Ministry of Business, Innovation & Employment says it has worked with Kiwibank, BNZ & ANZ on Holidays Act 'non-compliance', and it continues to work with ASB & Westpac on their Holidays Act compliance processes
18th Feb 20, 10:18am
The Ministry of Business, Innovation & Employment says it has worked with Kiwibank, BNZ & ANZ on Holidays Act 'non-compliance', and it continues to work with ASB & Westpac on their Holidays Act compliance processes
ASB CEO Vittoria Shortt says in a low interest rate world where the bank's feeling a deposit margin squeeze, 'people need to be really careful about where they're putting their money and what returns are available and the risk profile attached to it'
16th Feb 20, 6:02am
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ASB CEO Vittoria Shortt says in a low interest rate world where the bank's feeling a deposit margin squeeze, 'people need to be really careful about where they're putting their money and what returns are available and the risk profile attached to it'
ASB bosses see challenges for banks in issuing the redeemable perpetual preference shares allowed by the Reserve Bank's new, incoming regulatory capital requirements
13th Feb 20, 9:22am
ASB bosses see challenges for banks in issuing the redeemable perpetual preference shares allowed by the Reserve Bank's new, incoming regulatory capital requirements
ASB interim profit drops 5% from last year's record high after bank books loss on sale of funds administration business Aegis
12th Feb 20, 10:20am
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ASB interim profit drops 5% from last year's record high after bank books loss on sale of funds administration business Aegis
Klarna, the buy now pay later partner of ASB's parent Commonwealth Bank of Australia that has launched across the Tasman, doesn't appear set for a New Zealand launch anytime soon
3rd Feb 20, 9:39am
Klarna, the buy now pay later partner of ASB's parent Commonwealth Bank of Australia that has launched across the Tasman, doesn't appear set for a New Zealand launch anytime soon
ANZ Banking Group CEO says parent of New Zealand's biggest bank confident of meeting higher capital requirements without the need to raise additional capital
6th Dec 19, 7:55am
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ANZ Banking Group CEO says parent of New Zealand's biggest bank confident of meeting higher capital requirements without the need to raise additional capital
ASB's parent Commonwealth Bank of Australia tipped to splash out up to A$3 billion on share buybacks despite expected increased New Zealand capital requirements
14th Nov 19, 7:38am
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ASB's parent Commonwealth Bank of Australia tipped to splash out up to A$3 billion on share buybacks despite expected increased New Zealand capital requirements
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
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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
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
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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 annual profit increases to $1.274 billion with return on equity at 15.2% as cost-to-income ratio is cut to 35.6%. Parent Commonwealth Bank of Australia buys into buy now pay later firm
7th Aug 19, 10:15am
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ASB annual profit increases to $1.274 billion with return on equity at 15.2% as cost-to-income ratio is cut to 35.6%. Parent Commonwealth Bank of Australia buys into buy now pay later firm
Business lobby group BusinessNZ is dismissive of the RBNZ's bank capital proposals yet NZ owned banks argue they would bolster their competitive position vs their big Aussie owned rivals. So why the disconnect?
11th May 19, 9:46am
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Business lobby group BusinessNZ is dismissive of the RBNZ's bank capital proposals yet NZ owned banks argue they would bolster their competitive position vs their big Aussie owned rivals. So why the disconnect?
Gareth Vaughan argues the RBNZ's proposals to increase bank capital requirements could be good for both NZ banking competition and NZ taxpayers
30th Apr 19, 5:00am
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Gareth Vaughan argues the RBNZ's proposals to increase bank capital requirements could be good for both NZ banking competition and NZ taxpayers
UBS analysts suggest Aussie banks' response to RBNZ's proposals to increase bank capital will have economic impact on NZ 'larger than assumed by the RBNZ'
1st Mar 19, 10:05am
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UBS analysts suggest Aussie banks' response to RBNZ's proposals to increase bank capital will have economic impact on NZ 'larger than assumed by the RBNZ'