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The man who lends cash to people banks won't touch
Meet microfinance pioneer and Nobel Prize winner Muhammad Yunus, banker to the world's poor.
OCR up, mortgages to rise $10 a week
The average floating mortgage is expected to rise by $10 a week after the Reserve Bank lifted the OCR for the first time since 2007.
<i>Brian Fallow :</i> A lot of assumptions in OCR move
For borrowers the Reserve Bank's statement makes dispiriting reading...
<i>Brian Fallow:</i> Rates going up but where's the ceiling?
Brian Fallow writes that several factors will influence how often Bollard taps the brakes.
ASB, prostitute wrestle over Versalko fraud payments
ASB Bank is trying to reclaim up to $2.55 million given by convicted bank fraudster Stephen Versalko to an Auckland prostitute, during his nine year scam.
Pressure on Bollard to hold rates steady
Opinion is divided on whether inflationary pressures and the global crisis will be enough for Alan Bollard to begin lifting rates next week.
Sacked bank worker: 'I can't help how I look'
A tall, curvaceous banker claims she was forced out of her job because male co-workers found her figure and clothes "too distracting".