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Deborah Hill Cone: Wanted: Help, not handouts
Banks are holding on to their money, so why is the Government so generous with ours?

Kiwibank profit halves to $21m
Kiwibank's annual profit has more than halved as provisions for bad debts surged more than four times.

Westpac wrong to hold funds in accounting case
The Supreme Court has told lender Westpac New Zealand it was wrong to withhold client funds amid suspicions over where the money was going.

OCR hike not till December, say bank economists
Global turmoil in global markets means the next OCR hike is now likely to be December, not September, say a growing number of bank ecnomists.

ASB Bank profits surge 27pc
Improved economic conditions contributed to ASB Bank recording a 27.6 per cent increase in its net profit after tax to $568 million for the year to June 30, the company said today.

Latest turmoil could hit local bank costs says BNZ
The US and European sovereign debt crises will likely push up the cost of funding for NZ banks, the head of the BNZ says.