M&A
The Ministry of Business, Innovation and Employment proposes adding 'conduct' test to list of approvals required when a financial institution changes ownership
4th Aug 21, 6:42am
3
The Ministry of Business, Innovation and Employment proposes adding 'conduct' test to list of approvals required when a financial institution changes ownership
Buy now, pay later service provider Afterpay set to be acquired by Jack Dorsey's Square in major payments sector acquisition
2nd Aug 21, 11:39am
10
Buy now, pay later service provider Afterpay set to be acquired by Jack Dorsey's Square in major payments sector acquisition
Fidelity Life buying Westpac Life NZ in $400 million deal with the help of Ngāi Tahu Holdings
6th Jul 21, 10:49am
1
Fidelity Life buying Westpac Life NZ in $400 million deal with the help of Ngāi Tahu Holdings
Gareth Vaughan on the rise of contactless payments, the potential for IAG to be taken over, a long trip to nowhere, the great pandemic tipping boom & 'it's hard not to meme this stuff'
3rd Jul 21, 9:32am
8
Gareth Vaughan on the rise of contactless payments, the potential for IAG to be taken over, a long trip to nowhere, the great pandemic tipping boom & 'it's hard not to meme this stuff'
Westpac Group CEO and Chairman travel from Australia and discuss the potential sale of Westpac NZ with Ardern, Robertson and Orr
18th May 21, 2:29pm
14
Westpac Group CEO and Chairman travel from Australia and discuss the potential sale of Westpac NZ with Ardern, Robertson and Orr
BNZ CEO Angela Mentis says outcome of Westpac's New Zealand ownership review 'will be interesting'
7th May 21, 9:35am
BNZ CEO Angela Mentis says outcome of Westpac's New Zealand ownership review 'will be interesting'
Outgoing Westpac NZ CEO David McLean sees 'finely balanced' decision on whether the Westpac Banking Corporation maintains ownership of Westpac NZ
4th May 21, 7:30am
Outgoing Westpac NZ CEO David McLean sees 'finely balanced' decision on whether the Westpac Banking Corporation maintains ownership of Westpac NZ
Westpac NZ CEO David McLean retiring in June with bank executive & ex-politician Simon Power to serve as acting CEO as a search for a permanent successor takes place
3rd May 21, 9:51am
4
Westpac NZ CEO David McLean retiring in June with bank executive & ex-politician Simon Power to serve as acting CEO as a search for a permanent successor takes place
With Westpac reviewing its ownership of Westpac NZ, Gareth Vaughan ponders the questions of why anyone might sell an oligopoly bank, and who might want to buy an oligopoly bank
5th Apr 21, 6:31am
37
With Westpac reviewing its ownership of Westpac NZ, Gareth Vaughan ponders the questions of why anyone might sell an oligopoly bank, and who might want to buy an oligopoly bank
Finance Minister Grant Robertson wants to consider further diversifying who provides the government with banking services; Major contracts up for renewal in 2023
26th Mar 21, 1:36pm
9
Finance Minister Grant Robertson wants to consider further diversifying who provides the government with banking services; Major contracts up for renewal in 2023
Australia's Westpac Banking Corporation in 'very early stage' of review of its ownership of Westpac New Zealand
24th Mar 21, 5:00pm
62
Australia's Westpac Banking Corporation in 'very early stage' of review of its ownership of Westpac New Zealand
Analysts run the numbers on potential sale by Westpac Banking Corporation of wealth and insurance businesses
8th Sep 20, 9:25am
2
Analysts run the numbers on potential sale by Westpac Banking Corporation of wealth and insurance businesses
UDC says Shinsei Bank’s strong funding, international experience and reach, coupled with its deep asset finance experience, will be a real advantage in accelerating the growth of UDC in New Zealand
1st Sep 20, 12:02pm
3
UDC says Shinsei Bank’s strong funding, international experience and reach, coupled with its deep asset finance experience, will be a real advantage in accelerating the growth of UDC in New Zealand
FMA's inability to have a say in the AMP Life sale prompts a push for a law change requiring it, as the conduct regulator, to be consulted on mergers/acquisitions
2nd Jul 20, 2:00pm
6
FMA's inability to have a say in the AMP Life sale prompts a push for a law change requiring it, as the conduct regulator, to be consulted on mergers/acquisitions
Concerns raised over the RBNZ approving the sale of 200,000 AMP Life insurance policies to a Bermuda-based private equity firm
24th Jun 20, 5:00am
23
Concerns raised over the RBNZ approving the sale of 200,000 AMP Life insurance policies to a Bermuda-based private equity firm
RBNZ signs off on sale of AMP Life after the would-be buyer agreed to put in place various measures to protect the 200,000 New Zealand policyholders
23rd Jun 20, 10:11am
2
RBNZ signs off on sale of AMP Life after the would-be buyer agreed to put in place various measures to protect the 200,000 New Zealand policyholders
David Hargreaves says ANZ could never fully redeem itself after what has been a tortuous sale of UDC Finance - but the final outcome is about as good as could be imagined in the circumstances
3rd Jun 20, 11:00am
4
David Hargreaves says ANZ could never fully redeem itself after what has been a tortuous sale of UDC Finance - but the final outcome is about as good as could be imagined in the circumstances
ANZ announces sale of asset financier UDC to Japan's Shinsei Bank, which says UDC will continue to grow and contribute to the development of the NZ economy
2nd Jun 20, 12:09pm
4
ANZ announces sale of asset financier UDC to Japan's Shinsei Bank, which says UDC will continue to grow and contribute to the development of the NZ economy
After the Overseas Investment Office killed ANZ's UDC Finance sale in 2018, could financial markets turmoil do the same this year?
12th Mar 20, 8:00am
After the Overseas Investment Office killed ANZ's UDC Finance sale in 2018, could financial markets turmoil do the same this year?
RBNZ under pressure to protect AMP Life's 200,000 policyholders, as it considers a A$3b proposal from a Bermuda-based firm to buy the policies, and a Bill to regulate insurers' conduct goes through Parliament
24th Feb 20, 4:49pm
8
RBNZ under pressure to protect AMP Life's 200,000 policyholders, as it considers a A$3b proposal from a Bermuda-based firm to buy the policies, and a Bill to regulate insurers' conduct goes through Parliament
Heartland's not commenting on speculation it's one of the shortlisted parties vying to buy UDC from ANZ - but it has long been an admirer of the business
24th Jan 20, 8:30am
1
Heartland's not commenting on speculation it's one of the shortlisted parties vying to buy UDC from ANZ - but it has long been an admirer of the business
Gareth Vaughan suggests Kiwibank buying ANZ's on-the-block finance company UDC could be a good deal for both the state owned bank and New Zealand Inc
22nd Jan 20, 9:58am
Gareth Vaughan suggests Kiwibank buying ANZ's on-the-block finance company UDC could be a good deal for both the state owned bank and New Zealand Inc
Payments trends 2020 InFocus: Strategies to prepare for the future of payments
31st Oct 19, 11:42am
Payments trends 2020 InFocus: Strategies to prepare for the future of payments
A new survey conducted for law firm Simpson Grierson has found 77% of the businesses contacted intend to reinvest here within the next three years; Govt not seen as supportive, however
16th Oct 19, 5:00am
31
A new survey conducted for law firm Simpson Grierson has found 77% of the businesses contacted intend to reinvest here within the next three years; Govt not seen as supportive, however
AMP goes back to the RBNZ with a new A$3 billion proposal to sell its life insurance business; Announces A$650 million capital raise and plan to divest from its NZ wealth management business
8th Aug 19, 6:01pm
1
AMP goes back to the RBNZ with a new A$3 billion proposal to sell its life insurance business; Announces A$650 million capital raise and plan to divest from its NZ wealth management business