Latest fromASB Bank Limited
Housing confidence rising, says ASB
Housing confidence is on the rise in Auckland, while a new survey is showing growing uncertainty about tax changes and rising interest rates.
$18m fraudster to repay ASB only $3m-$5m
A former ASB investment adviser who stole nearly $18 million is likely to repay just $3m to $5m to the bank.
Details of how banker stole $18m stay secret
Details of how a former investment banker stole nearly $18 million in NZ's largest employee theft will stay secret until the man is sentenced next month.
Tax avoidance bill pushes ASB to $10m first-half loss
ASB Bank has taken $209 million of a $264 million tax and interest bill from tax avoidance settlements onto its books.
Thieving banker went undetected for nine years
The Herald can reveal that the largest employee theft in NZ history - of nearly $18m - was discovered by a fluke.
Banker admits $18m fraud charges
A former ASB Bank investment banker has pleaded guilty to fraud charges involving nearly $18 million.
Days of freedom for accused
A former Remuera investment banker who allegedly stole nearly $18 million from ASB Bank customers is enjoying what could be his last few days of freedom.
Other banks expected to follow ANZ cut
ANZ National Bank has slashed its variable home mortgage rates - putting pressure on other banks to follow suit.
Bollard may hold to mid-year timing for OCR hike, start in April
Reserve Bank Governor Alan Bollard will probably wait until at least April before raising interest rates, though officially he may stick to his hinting at a mid-year hike this week.
OCR tipped to rise by June
Economists are picking the Reserve Bank to start lifting the Official Cash Rate by at least the end of June.
Tennis organisers will 'continue to act on complaints'
Tennis Auckland says it will continue to act on complaints from fans if protesters targeting Israeli Shahar Peer return to the ASB Classic.
Banks to pay taxman billions
NZ's big four Australian-owned banks and the IRD have announced a settlement of their disputes over structured finance deals.