Latest from Banking
M&A dominates Wall St, gold holds hear high
Mergers and acquisitions dominated activity on Wall St, with almost US$10 billion of deals announced as the S & P 500 Index held near a four-month high.
Kiwis turn backs on credit cards
New Zealanders are still turning their backs on credit in an effort to pay off their debts, says Veda Advantage.
Pope's bankers face money laundering probe
Italian authorities are investigating the Vatican Bank over possible money laundering.
ASB farewells Goldstein as 11-year ad campaign ends
ASB Bank has confirmed that the face of its long running advertising campaign, New York banker Ira Goldstein, will be no more.
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.
GDP tipped to grow less than Bollard's forecast
Economists believe GDP stats due out this week will show the NZ economy has expanded less that the Reserve Bank forecasted, confirming that interest rates are on hold for now.
Kiwis target for Facebook fraudsters
Internet fraudsters are using Facebook to steal Kiwis' bank and credit card account numbers and identities.