New rules mean lower profits for NZ banks, says Moody's
Credit rating agency Moody's says new global banking rules are likely to lead to structural changes to the New Zealand banking system and lower profits.
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Internet fraudsters are using Facebook to steal Kiwis' bank and credit card account numbers and identities.
BNZ in court scrap over Fontein's drip-feed offer
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OCR stays at 3pc, future hikes 'more moderate'
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NZX listing mooted for new 'kiwi' bank
New Zealanders may have a new, locally owned bank to invest in by February next year.
Kiwibank gets 40pc of new mortgage value in June quarter
Kiwibank accounted for 40 per cent of new residential mortgages written by the major banks in the June quarter.
World shares surge on optimism
World share prices surged overnight, bolstered by solid data from US, China and a good European growth forecast.