bank conduct

15 Nov 18, 1:02pm
'High risk' of inappropriate sales practices occurring with banks 'not adequately' monitoring and controlling the risk, FMA says in bank pay incentive structures report
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15 Nov 18, 1:00pm
FMA director of regulation Liam Mason details the type of bank pay incentives the regulator would like to see rewarded, says incentives linked to sales should go completely
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11 Nov 18, 6:30am
Shane Jones accuses the FMA of being 'chummy' with banks, the RBNZ of being too independent and the Super Fund of using the wrong investment strategy 
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10 Nov 18, 10:02am
Gareth Vaughan argues credit cards should be the first target for our regulators if they're serious about making banks protect or enhance customer interests & outcomes
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7 Nov 18, 3:24pm
Government's suggestion of establishing a legal duty for banks to consider customers' long-term outcomes would be a shift to a fiduciary duty of care from buyer beware
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6 Nov 18, 5:12pm
In the wake of the bank conduct & culture review, Gareth Vaughan argues more sunlight is needed on the RBNZ's DIY regulatory regime
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6 Nov 18, 11:58am
Jenée Tibshraeny questions whether the 'power to make changes' rests with the banks, as the RBNZ and FMA say, or the lawmakers
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6 Nov 18, 11:51am
Westpac NZ's David McLean is seeing increased competition between the banks as the spring housing market springs to life
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5 Nov 18, 2:02pm
RBNZ and FMA: Banks need to revise their sales incentive structures 'through all layers of management'
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5 Nov 18, 2:01pm
What was in and what was out of the FMA & RBNZ's bank conduct and culture report and why
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5 Nov 18, 2:00pm
FMA & RBNZ report highlights several ways government could address regulatory gaps to incentivise banks to develop & maintain appropriate management of conduct risk
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5 Nov 18, 2:00pm
FMA & RBNZ report concludes bank conduct & culture problems not widespread in NZ, but highlights a culture of banks acting in their own, not customers', interests
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5 Nov 18, 10:07am
Westpac NZ annual cash earnings rise 5%, statutory earnings up 3% to $936 mln, three-year business transformation programme yielding benefits
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2 Nov 18, 3:33pm
CEO Angela Mentis says BNZ hopes to recoup revenue lost through fee reductions by gaining more customers' business & new customers
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1 Nov 18, 11:53am
ANZ NZ CEO David Hisco eyes growth opportunities for the to be retained UDC, expects work list of things to do from FMA & RBNZ report on bank conduct & culture
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1 Nov 18, 10:19am
BNZ posts 10% rise in annual profit as income rises and bottom line gets boost from mark to market movements in offshore debt
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31 Oct 18, 9:50am
ANZ NZ profit surges $206m to $1.986b, or about $809 per customer. Calls off UDC sale. Group cuts staff incentive payments by A$124m in wake of Royal Commission
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30 Oct 18, 4:46pm
Could it be that NZ's big 4 banks have all posted annual profit of at least $1 billion just as the FMA & RBNZ's report on their conduct & culture is released?
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30 Oct 18, 6:30am
Five things to look for in the Financial Markets Authority and Reserve Bank report on New Zealand banks' conduct and culture
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25 Oct 18, 12:51pm
'Courageous' Danske Bank whistle-blower deserves thanks from governments concerned about fraud and corruption, his lawyers say
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