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BNZ paying back $3.8m to customers after errors
Bank of New Zealand is to pay out $3.8 million for errors it made relating to loan docs.
Bank of New Zealand is to pay out $3.8 million for errors it made relating to loan docs.
New Bank of New Zealand CEO Angela Mentis has the highest statutory pay of the NZ banks.
Shane Jones wants banks to stop doing an "Aussie Haka" and pay $100m in an annual levy.
COMMENT: We live in a world of too many reports, inquiries and conspiracies.
COMMENT: Think before you spend.
$3.7m of sub-contractor retentions will need to be divided up among by the High Court.
It's $1700 up - so far - and 17 stories down for former cancer kid.
The New Zealand dollar dropped to a new two-and-a-half year low.
The group bribed "inside contacts" at BNZ and ANZ to orchestrate their fraud.
The chain was sold to new owners, which now run a handful of stores.
The scheme involved bribing bankers, one of whom has fled the country.
BNZ's merchant customers are to get access to Chinese payment provider Alipay.
New BNZ boss Angela Mentis talks about why she is passionate about banking.
The bank has received more than 30 claims for financial loss so far.
Customers of BNZ are waiting to hear details of compensation.
BNZ's apps are working again after an hours-long outage but it's unclear what caused it.
More than 76 properties were involved, while "bribes" allegedly were given to bankers.
Angela Mentis says New Zealand does not need a banking inquiry.
The Bank of New Zealand has revealed its half year profit.
New Zealand banks have been told to step up and prove to the regulators they are clean.
Analysts say it's been a tough quarter for the major banks.
Owner turned her back on dog for a few seconds and she was gone.
Customers with local banks are happier than those with the Aussie giants.
A woman accused of a $54m mortgage fraud says her husband was the criminal mastermind.
More than 70 properties were allegedly purchased with fake loans and banking bribes.
ASB says latest research also revealed investors were staying "extremely conservative".
A teller was told to hand over cash before the man took off in a dark coloured vehicle.
More Kiwis are living pay day to pay day and don't have money set aside for emergencies.