Another American bank shut down days after SVB collapses
A third US bank has toppled as the financial disaster deepens.
AdvertisementAdvertise with NZME.
Latest fromBanking
No bailout for Silicon Valley Bank, says Treasury Secretary
Officials rule out intervention in second biggest bank failure in US history.
SVB collapse: UK finance minister scrambles to protect tech sector
Financial Times: Executives demand Downing Street step in, warn of "existential threat".
Rocket Lab has US$38m invested in collapsed Silicon Valley Bank
Kiwi space company Rocket Lab has an exposure to Silicon Valley Bank.
'Black swan failure': Crypto group Circle admits $5.4b exposure
Financial Times: Stablecoin’s value drops as crypto market reels from US bank failures.
Liam Dann: Without appetite for real change, banking inquiry is just political theatre
The history of the NZ banking sector reveals a national lack of economic confidence.
'Bombed out': Neighbours up in arms about half-finished apartment complex
Tough times for developers leaves Auckland street with unfinished eyesore, neighbours say.
Editorial: Problems mounting for Govt
OPINION: Our editorial on balancing immediate needs with long-term fixes.
Wide range of Kiwis facing financial difficulties
Inaction is not going to work out if you’re already struggling.
Bank profits: Market study needed
OPINION: Banks will argue there's plenty of competition but the reality seems far from it.
Rising interest rates yet to dampen appetite for shopping
Electronic card data for February shows Kiwis are still spending.
Bank's ‘sincere regret’: ANZ offers $19k to 82yo scammed out of $36k
Fraudsters posing as the victim convinced ANZ staff to divulge personal customer details.
Central banks going crypto: Is it a good idea?
Financial Times: Across the world, old sober institutions are exploring digital currency.
ANZ settles with scam victim, Canadian killer in NZ & Govts warning over China | Focus Morning Bulletin: 9 March, 2023
New Zealand's biggest bank pays up after scammers target pensioner, why things aren’t all as they seem in the health sector and documents reveal fears our Government has over China in the latest New Zealand Herald headlines. Video / NZ Herald
Robertson says select committee ill-equipped to conduct bank profits inquiry
The Finance Minister is unsupportive of a 'quick and dirty' banking probe.
National wants inquiry into bank profits
With mortgage pain hitting families, the National Party wants an inquiry.
$900 mortgage hike: How much pain are we in for and when will rates come down?
New Zealand is in for a massive mortgage shock, and renters won't be immune.
Reinvigorated scams set to target tax season
To everything, including scams, there is a season.
Earthquake caused damage worth $5.1 billion in Syria
The quake killed at least 50,000 people according to the United Nations.
How a robot could help you get a home loan
Microsoft boss says ChatGPT could be used to help bankers.
ChatGPT being used by cybercriminals to generate scams, Norton warns
The chatbot could be used to impersonate your bank.
Banks’ net interest margin hits 8-year high
Why one measure of bank profitability is up.
Heartland Group looks to raise up to $125m
The company has made a half-year net profit of $48.7 million.
Mortgage shock: $900/fortnight rise for many Aucklanders
A big toll on many households’ disposable incomes.
$11 million-plus! Red Cross fund backed by NZ Herald continues to grow
Donation follows huge community support for fundraiser.
European digital banking app Revolut to launch into NZ
It has 20,000 Kiwis already on its waiting list.
Emergency finance issue shows law not fit for purpose
The Credit Contracts and Consumer Finance Act is under fire again.
Generators, satellite phones, and more: Red Cross thanks Kiwis, updates on how money is being spent
Donation follows huge community support for fundraiser.
Home loan rates may have peaked, says Kiwibank boss
But bank still has 30 to 40 per cent of loan book to move on to higher rates.
Kiwibank half year profit rises 53pc to $98 million
But the second half is expected to be tougher.
$7 million-plus! Red Cross fund backed by NZ Herald continues to grow
Donation follows huge community support for fundraiser.
ANZ donates $3 million to cyclone relief
The bank has joined ASB and BNZ in making donations; Westpac offering small business fund.
Kiwi businesses' generous donations to Red Cross/NZ Herald/NZME campaign
Donations follow huge community support for fundraiser.
$5m raised! Generous Kiwis contribute to Red Cross/NZ Herald/NZME campaign
Donation follows huge community support for fundraiser.