Latest from Banking

Major bank ends Airpoints credit card rewards

State-owned Kiwibank said costs and regulations had increased, making it unviable.

Bank accused of using $1m scam victim’s hardship to dodge potential liability

'This case has liability avoidance written all over it,' financial commentator claimed.

Herald NOW: What are our rights when dealing with banks?

What are our rights when dealing with banks? Ryan Bridge asks banker Claire Matthews Video / Herald NOW

Finders keepers? Woman who received $158k in transfer error charged with theft

The woman could face up to seven years in prison if convicted.

Mary Holm: Are bond investments a scam?

OPINION: Many KiwiSaver funds include high-quality bonds, except for the most risky ones.

TSB blocks probe after staff help customer send $1m to scammers

'If they’ve got nothing to hide, why are they trying to evade the Ombudsman?'

Andrew Barclay to leave Goldman Sachs NZ

Barclay has been one of New Zealand's most respected deal-makers.

What to avoid doing when trying to buy your first home

While interest rates may be positive, other factors could impact your purchases.

Former Fisher manager David McLeish takes on banks with new savings fund

Former Fisher Funds fund manager David McLeish launches Wedge

Westpac CEO intervenes after pensioner loses $158k in bank transfer error

The money went to an Auckland woman who allegedly spent it on cars and transfers.

Nearly 500k people behind on loan payments, mortgage arrears hit eight-year high

The OCR has fallen 200 basis points since August, but home owners are still struggling.

AI could make crashes worse, amplify herd behaviour: Reserve Bank

One expert says the report doesn't go far enough, another says it overplays the risks.

Sasha Borissenko: Banking on blame - scam reforms too little, too late

OPINION: NZ's scam prevention lags behind global standards - here's why.

Diana Clement: Simple steps to cut banking costs and save big

OPINION: Banks earn billions while Kiwis pay avoidable fees and interest.

Pensioner who lost $158k gets bank refund after woman's 'spending spree'

Andrew Che Sit Bong, 78, lost his savings due to a single-digit mistake.

Adrian Orr surfaces for farewell party with Reserve Bank staff

The party and gift combined cost more than $6000.

'We are here to help': ASB offers relief measures for weather-hit customers

Bank says it will pause home loan repayments for up to three months.

Is there method to Govt's madness, helping ANZ and ASB in court?

Lawyer supports law change to avoid "draconian consequences" for lenders.