
Another Kiwi takes reins at big Oz bank
ANZ's choice of Elliott to replace the outspoken Smith shows the board wants to stick with its Asian Strategy.
ANZ's choice of Elliott to replace the outspoken Smith shows the board wants to stick with its Asian Strategy.
State-owned bank now offering six-month rates of 5.19 per cent - and 4.59 per cent for a two-year term.
NZ's five biggest banks continued to show strong earnings growth, but questions are being raised about whether this can be sustained.
The slip came as net interest income for ANZ Bank's NZ arm rose 4 per cent in the past financial year to $2.14 billion.
Downbeat economic commentary continued to flow yesterday, with Westpac saying it expects New Zealand's annual GDP growth to dip below 2 per cent, while ANZ's Truckometer is pointing to a clear....
Top of the Lake film maker Jane Campion has directed an ANZ Bank film campaign highlighting gender wealth disparity.
Worrying stat comes as ANZ says it'll keep paying into its staff members' KiwiSaver accounts who go on parental leave.
Things are still looking healthy for New Zealand's banks, despite a fall in lending margins at the start of this year.
Mortgage rates have dropped again. SBS Bank is offering a 4.85 per cent rate for an 18-month term - the lowest deal around.
Consumer confidence continued to weaken in this month's ANZ Roy Morgan survey.
Business confidence has slumped in the latest ANZ monthly survey.
ANZ has been singled out by the Commerce Commission for its misleading behaviour over interest rate swaps.
ANZ breached the Fair Trading Act for misleadingly representing interest rate swaps to some customers.
There's been a few changes to KiwiSaver affecting first home buyers - and it's mostly good news.
Teaching kids about money is increasingly becoming a top priority for the major banks.
ASB has followed the lead of ANZ and Kiwibank and slashed its fixed mortgage rates.
Westpac could join a mortgage-rate battle after Kiwibank and ANZ slashed their home loan rates.
ANZ and KiwiBank have cut their mortgage rates as speculation grows the Reserve Bank will cut the OCR.
The dollar may decline this week as economists bet the Reserve Bank will start cutting interest rates as early as next month.
KiwiSaver providers are struggling to move savers out of the default funds despite a requirement by the Government to give people more information on their choices.
ANZ Bank New Zealand, the country's biggest lender, was the most aggressive in pitching interest rate swaps to farmers, the Commerce Commission says.
BNZ cash earnings have risen 4.5 per cent in the six months ended March 31 to $418 million as growth in housing and business lending, and lower funding costs, drove up net interest income.
ANZ New Zealand boss David Hisco says the country's biggest bank is working closely with rural customers as falling dairy prices begin to bite, but farmers are better placed to deal with the....
ANZ New Zealand has reported a 5 per cent drop in half-year cash profit to $841 million.
The rise of online shopping, discount-obsessed consumers - when it comes to trading challenges listed retailers have their fair share. And there's a new one appearing on the horizon. Through a rule....
KiwiSaver assets have seen "phenomenal growth" in the past three months, increasing by $1.8 billion.
Profits were squeezed in New Zealand's banking sector during the final quarter of last year as non-interest income decreased and impaired asset expenses rose.
The lawyer heading a legal fight against New Zealand's major banks over fees says he won't be throwing in the towel despite a ruling in favour of the ANZ in Australia.
ANZ's Truckometer is signalling some slowdown in the pace of growth in the first three months of the year.
The lawyer heading up a legal fight against NZ's major banks over fees says he won't be throwing the towel in despite a ruling in favour of ANZ in Australia.