Latest FromBanking
![Bank out to double in size](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Bank out to double in size
The Co-operative Bank has launched a bid to double its customer base and grab a bigger slice of the Auckland market 18 months after rebranding from PSIS.
![Auckland house prices stable in June](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Auckland house prices stable in June
Auckland house prices edged up for a second month in June in the face of fewer listings and intense demand among property buyers, according to Barfoot & Thompson.
!['Sorry' BNZ repays $4m](/pf/resources/images/placeholders/placeholder_l.png?d=793)
'Sorry' BNZ repays $4m
The Bank of New Zealand has refunded $4 million to 90,000 customers.
![Marshall Meyer: China needs shot of Capitalism 101](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Marshall Meyer: China needs shot of Capitalism 101
We still don't know whether the freeze-up of China's interbank market last week was a hiccup or a foreshock.
![Brian Gaynor: D-Day for New Zealand's finance industry](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Brian Gaynor: D-Day for New Zealand's finance industry
Tomorrow is D-Day for the finance industry, particularly banks and most traditional financial institutions.
![Mary Holm: If a bank fails, some cash may be frozen](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Mary Holm: If a bank fails, some cash may be frozen
Q: Recently, it was reported that from July to August this year, banks will be able to repurpose a person's money in their savings account, for the bank's own needs. Could you give us more information?
![Vatican official in $33m fraud case](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Vatican official in $33m fraud case
A Vatican official already under investigation in a purported money-laundering plot involving the Vatican bank was arrested yesterday in a separate operation.
![Cheap loan clicks with punters](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Cheap loan clicks with punters
A mortgage interest rate below 2.48 per cent, determined by the number of "likes" the promotion gets on Facebook, is the latest bank bid to generate customers.
![Phone recordings spark pledge to probe bank disaster](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Phone recordings spark pledge to probe bank disaster
Ireland's Parliament will open an investigation into the disastrous bailout of Anglo Irish Bank following newly disclosed recordings of telephone calls that show former directors conspiring to conceal the true scale of the bank's losses.
![Bank fees lawyer talks tough](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Bank fees lawyer talks tough
Fair Play on Fees lawyer Andrew Hooker was talking tough as he filed the first documents in the case against ANZ bank at the High Court in Auckland today.
![Bank fee lawsuit hires top QC](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Bank fee lawsuit hires top QC
High-powered QC Bruce Gray has been appointed lead counsel in a lawsuit targeting penalty fees charged by New Zealand's biggest banks.
![32,000 join bank fee lawsuit](/pf/resources/images/placeholders/placeholder_l.png?d=793)
32,000 join bank fee lawsuit
A lawsuit claiming the ANZ Bank charged "excessive" penalty fees is to be filed in the High Court at Auckland today.
![Oz market slumps over China credit crunch fear](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Oz market slumps over China credit crunch fear
Australian shares have posted their largest one-day loss in two months as nervous investors looked to steep falls on Asian markets over fears of a credit crunch in China.
![MediaWorks narrows loss to $90m](/pf/resources/images/placeholders/placeholder_l.png?d=793)
MediaWorks narrows loss to $90m
MediaWorks NZ, the broadcaster whose lenders look likely to seize control, narrowed its annual loss in 2012 after massive writedowns a year earlier.
![Fixed rate may spell end of mortgages](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Fixed rate may spell end of mortgages
The beginning of the end may have begun for record-low mortgage rates in New Zealand.
![FMA lines up two KiwiSaver funds](/pf/resources/images/placeholders/placeholder_l.png?d=793)
FMA lines up two KiwiSaver funds
The FMA is preparing to take action against two unnamed KiwiSaver issuers for making misleading statements in their offer documents.
![New low for MRP shares](/pf/resources/images/placeholders/placeholder_l.png?d=793)
New low for MRP shares
Mighty River Power shares slumped to a new low of $2.23 this morning as the local stock exchange followed world markets down, reaching its lowest point in a month.
![World shares, bonds drop on Fed taper news](/pf/resources/images/placeholders/placeholder_l.png?d=793)
World shares, bonds drop on Fed taper news
Wall Street has declined after Fed chairman Ben Bernanke said the central bank may begin tapering its US$85 billion-a-month bond-buying program later this year.