Latest fromASB Bank Limited
All systems are go for high-tech exec
ASB Bank's new chief executive is something of a Thunderbirds fan, finds Jamie Gray.
Economy surges - GDP up 0.8pc
New Zealand's economy kicked off 2011 with a bang, growing at twice the forecast pace and the fastest since December 2009 as a resurgent manufacturing sector drove the nation's revival in the face of Canterbury's earthquakes.
Inside Money: Welcome to Versalko - An off-centre of excellence
There's nothing to suggest that under the new regulatory regime that ASB, Versalko's employer, would've automatically picked up on his fraud.
NZ economy tipped to have grown quickly this year
New Zealand's economy probably grew at the fastest pace in four quarters in the first three months of 2011, say economists.
Weak demand for credit threatens big NZ banks
Weak credit demand could curtail earnings growth for the big New Zealand banks, says credit rating agency Standard and Poor's.
Metro GlassTech in trouble with its bankers, AFR says
Glass maker Metro GlassTech is the latest heavily indebted overseas private equity owned business to get into strife with its bankers, says one report.
<i>Brian Gaynor: </i>Big Aussies lapping up their Kiwi cream
The four big Australian-owned banks - ANZ National, ASB, Bank of New Zealand and Westpac - are creaming it in New Zealand.
Floating mortgages now over 50pc of all NZ home loans
More than half of New Zealand's $168.2b of mortgages are now on floating rates, says the Reserve Bank.