Banking

BNZ comprehensive credit reporting launch pushed out to March 2019

19 Sep 18, 4:48pm

BNZ delays comprehensive credit reporting until 2019 blaming 'new requirements introduced by regulators in relation to cloud-based storage platforms'
More...

Academic study benchmarks to be offered for banking whistleblower standard

19 Sep 18, 4:47pm

Gareth Vaughan

Academic assisting bankers with industry-wide whistleblower standard drawing on a trans-Tasman project he's involved in to provide benchmarks
More...

Bank profits bounce back

19 Sep 18, 9:27am

Gareth Vaughan

5 comments

KPMG's June quarter FIPS shows banks' lifted profit by almost 15%, loan provisions steady at higher levels
More...

Industry-wide bank whistleblower standard in the works

18 Sep 18, 5:03pm

Gareth Vaughan

Bank lobby group the New Zealand Bankers' Association developing an industry-wide whistleblower standard as FMA & RBNZ bank probe is labelled 'closed-door'
More...

ANZ says no update on UDC situation

18 Sep 18, 5:01pm

David Hargreaves

1 comment

Two and a half years after ANZ put its NZ vehicle and asset finance provider UDC on the block there's no indication of an imminent sale
More...

Going up and going down, trans-Tasman divergence

18 Sep 18, 5:00am

Gareth Vaughan

17 comments

Why are NZ banks cutting mortgage rates as Aussie banks hike them, and how long might this last?
More...

Mortgage borrowing capacity has fallen, but by how much?

17 Sep 18, 5:00am

Gareth Vaughan

24 comments

The capacity of home loan borrowers to borrow has dropped by about 20% over the past couple of years, mortgage brokers estimate
More...

Ten years after Lehman Brothers collapsed what's its legacy?

15 Sep 18, 8:27am

Gareth Vaughan

19 comments

The collapse of Lehman Brothers, the GFC and all that it spawned, from sub-prime mortgages to Donald Trump. Plus reminiscing with 2 Kiwis who had front row seats
More...

London-based Blackstar takes reins at Whakatane-based Asset Finance

13 Sep 18, 2:52pm

Gareth Vaughan

Blackstar Capital Group eyes 'significant opportunities' for non-bank financiers in NZ & Australia after taking majority ownership of Asset Finance
More...

Chinese banks increase provisions on CBL loans

12 Sep 18, 4:41pm

Gareth Vaughan

ICBC NZ and Bank of China NZ have upped their provisions on loans to embattled insurer CBL
More...

Fitch predicts lower growth for regional NZ banks

12 Sep 18, 12:15pm

Gareth Vaughan

2 comments

Credit rating agency has stable outlook for regional New Zealand banks despite pressures
More...

Rod Carr joins ASB board

12 Sep 18, 11:59am

Gareth Vaughan

Former Reserve Bank chairman and acting governor Rod Carr appointed an ASB director
More...

A tale of two sectors in NZ

12 Sep 18, 10:21am

Guest

4 comments

Bankers' Association Acting CEO Antony Buick-Constable rejects suggestions banks are not playing their part in the construction sector and says bank lending to the sector is at its highest since the GFC
More...

A summer review for the RBNZ

10 Sep 18, 10:53am

David Hargreaves

1 comment

Key consultation period of over-arching review of the Reserve Bank will take place over the Christmas-New Year holiday period
More...

Chapman, Moffat & Sproat given key roles in RBNZ Act review

7 Sep 18, 4:30pm

Gareth Vaughan

Finance Minister Grant Robertson adds ex-bank boss, former FMA enforcer and commercial lawyer to panel advising him on Phase 2 of the RBNZ Act review
More...

'This is the second phase of a crisis in trust for financial services'

7 Sep 18, 7:46am

Jenée Tibshraeny

3 comments

FMA boss calls for financial services firms to stop focusing on shareholders at the expense of customers, with public trust the worst it has been since the GFC
More...

Robertson distances himself from Jones' regional banking push

6 Sep 18, 2:05pm

Jenée Tibshraeny

5 comments

Finance Minister Grant Robertson says location of bank branches is up to banks, but notes banks need a 'social licence' to operate
More...

Bank lobby group seeks new CEO

5 Sep 18, 5:00am

Gareth Vaughan

2 comments

New Zealand Bankers' Association advertising for a new CEO after Karen Scott-Howman departs
More...

Rabobank confirms RBNZ requested a review of its governance

3 Sep 18, 1:29pm

Gareth Vaughan

3 comments

Rabobank NZ commissions independent report to probe its governance and management frameworks & the extent of its independence from the Rabobank Group
More...

RBNZ not in a hurry to facilitate Aussie & UK style bank start-ups

3 Sep 18, 12:30pm

Gareth Vaughan

RBNZ points wannabe bank start-ups down the non-bank deposit taker path with no plans for restricted banking licences as have been provided in the UK and Australia
More...