Banking Ombudsman launches probe into ASB after pensioner loses $100k in FB hacking scam
The victim's family want an independent review of ASB's processes.
AdvertisementAdvertise with NZME.
Latest from ASB Bank Limited
'Not a good look': ASB should have reported $100K fraud to police
'Where does their liability sit for this if other cases are discovered?'
'Bizarre': Widow loses $100k in Facebook hacking scam, family furious at ASB
“If the bank had contacted the family we may have been able to recover the funds.”
NZ no longer in recession, GDP result exceeds expectations
Strong exports, IT services, manufacturing helped drive growth in second quarter.
Are we out of recession? Economists make their picks
After two quarters of contraction, has the economy rebounded - and can it last?
'Far too late': Victims sick of 'false promises' as banks announce changes to fight scams
"Unfortunately, this comes far too late as my family’s lives have already been destroyed."
'Absolute negligence': Financial expert lashes Kiwi banks, alleges systemic security failures
It’s absolute negligence on the banks’ behalf and it’s an embarrassment internationally.'
Victims who lost $1.25m to scammers via alleged 'mule' believe ASB should accept liability
"Some kind of red flag should have been raised."
Revealed: The surprise global winner of huge ASB ad and marketing account
Media Insider: The contract is one of the biggest in the NZ media industry.
Ellerslie building investment scheme cops auditor flag, then renews loan
'Significant doubt on the company’s ability to continue as a going concern': BDO warning
Contactless eftpos plans ahead of legislation changes
Payment provider Worldline is working to get more Kiwis using eftpos.
Real GDP pain is being masked by migration gains - ASB
Per-capita GDP has fallen almost as sharply as it did in the Global Financial Crisis.
House market rebound fails to ignite
More competitive prices and a ‘get in now’ attitude' not enough to fire a recovery.
Taika Waititi and rugby's huge media move; Peters grumbles over Hosking air time
Media Insider: ‘Ridiculous’ - advertising pitches under scrutiny; Stuff exec changes.
ASB boss: Interest rate pain will emerge over time
Mortgage rates north of 6 per cent are yet to be felt by around half of ASB customers.
'Terrible people': Scammers steal $350k from mum as hubby fights for life in hospital
"That money was an inheritance ... and I’ve gone and f***ed it up."
Borrowers forced to dig deeper as home loan test interest rates jump again
One bank is now testing at over 9 per cent.
Westpac, several smaller banks lift home loan rates - again
More banks have announced changes to their home loan rates.
ASB pulls photo in ad after repeating Govt's gaffe
Vicky Freeman said it was "pretty cool" the photo kept on being used.
Bank recovers just $19k of stolen $330k life savings, police ID scam 'mule'
'Why wasn’t something done to stop this guy?'
Diana Clement: Why can’t banks be open about open banking?
OPINION: They have it in Australia and the UK but why not here?
Banks’ preparations for tough times could dampen profits
KPMG sees banks continuing to make provisions for higher bad debts.
Scam concerns intrude on big bank probe announcement
The nasty and costly scams have prompted a warning and some advice from ministers.
‘Worst night of my life’: Man who lost $400k says 'money mule' a disbarred lawyer
'They’re absolutely ruthless criminals and they need to be stopped'.
GDP preview: Did we avoid recession? Economists make their calls
Data this week will reveal how the economy performed in the first quarter of the year
Lower inflation on food prices ‘a long way away’, economists say
Annual food price inflation is still close to 30-year highs.
Alleged 'mule' arrested over $100K scam involving real estate agent
'It’s not a Mickey Mouse scam, it’s sophisticated. They are taking millions.'
‘Edging closer’: ASB survey pinpoints housing market turning point
"Tentative signs of an uptick in activity, moderating price falls."
'They tricked me': Scam victim who lost $330k feels he’s failed his wife, kids
"I feel like something horrible is going to happen to my family.”
A 2023/24 milk price of $8/kg will be a pinch for farmers
Fonterra's "mid-point" forecast of $8/kg will be close to break-even for farmers.
Retail sales down, signs of 'stark' year for Kiwi households
Some sectors sacrificed as surging cost of living forces tough choices.
‘Absolutely gutted’: Retiree loses $150k in bogus HSBC-branded investment scam
The scam looked so real even experts were taken in.
From Today FM to Sunday - top star's big TV move; five ad agencies battle for bank contract; RNZ-TVNZ 'vulnerable'
Media Insider: 9 of the best ads in the world - what's your favourite?
'No red flags': Heartbroken realty agent loses $100k in elaborate finance scam
'I just burst into tears. It’s my life savings'.