Europe threatens 'mad' ratings agencies
The world's leading credit ratings agencies have been threatened with tighter regulation and break-up by some of Europe's most powerful politicians.
The world's leading credit ratings agencies have been threatened with tighter regulation and break-up by some of Europe's most powerful politicians.
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Director of ANZ-owned fund manager says rival plans involve cost and risk.
There's nothing to suggest that under the new regulatory regime that ASB, Versalko's employer, would've automatically picked up on his fraud.
Excited about bank account number portability?
Weak credit demand could curtail earnings growth for the big New Zealand banks, says credit rating agency Standard and Poor's.
Academic says it's important for banks to be seen as socially responsible.
New Zealand banks have been raising billions of dollars in recent weeks by doing something their Australian parent companies can not yet legally do - issue covered bonds.
The Reserve Bankdid nothing today, as expected. It did nothing to stop New Zealand's slide in relative poverty.