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Christchurch population faces decimation as quakes drag on
Bank economists fear as many as one in 10 Christchurch residents will leave the region if major aftershocks continue in coming months.
Sir Ralph Norris banking on a long holiday
Running Australia's biggest bank made Ralph Norris the country's best-paid chief executive and, at times, its most-hated, too. Now, he tells Karyn Scherer, he's looking forward.
Relevance, not love, key to bank marketing - Andy Lark
Ralph Norris' departure from Commonwealth Bank of Australia doesn't mean the bank will be cutting its Kiwi ties.
Inside Money: Gareth Morgan knocks back KiwiBank sale talk
Gareth Morgan has unfortunately wounded a good story by denying persistent rumours that his investment business is on the block.
Five facing charges in $1.7b SCF fraud case
The Serious Fraud Office has laid 21 charges against five people involved with the collapsed South...
Canterbury University grapples with bonds quake fall-out
University of Canterbury will rely on its implicit government guarantee to meet payments to investors on its bonds after the earthquakes scared off students, seriously denting finances.
Interest rates rise may be a year away
The Reserve Bank is not expected to increase interest rates for the rest of this year.
Downgrade won't hit hard - banks
New Zealand's big banks - hit this morning by a credit rating downgrade from Standard & Poor's - say the change shouldn't affect their funding costs.
Agency cuts NZ bank credit ratings
Standard and Poor's has downgraded the credit ratings of the big four Australian banks and their New Zealand units by one notch, as part of its global review of bank ratings.
Big banks stand by for credit ratings news
Standard & Poor's has cut the credit ratings of 15 of the world's biggest banks - mostly in Europe and the United States - in the first wave of actions under its new, tougher, ratings criteria.