Latest from Banking

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.

Westpac launches $1 million fund for flood-stricken SMEs

Customers of the bank can apply for a grant of $2500.

'Pushing s*** uphill': Westpac makes $1000 settlement payment to elderly scam victim

Westpac initially refused to reimburse the pensioner's losses before repaying him in full.

Two big banks cut longer term mortgage rates

Cuts come after softer than expected employment data.

Cost to business 'enormous', banks offer victims help

"Hard times will be ahead."

Westpac follows ASB and lifts home loan rates

Big bank will lift its short-term mortgage rates but lower its long-term ones.

Banks prepare for deepest job cuts since the financial crisis

Financial Times: Credit Suisse, Goldman Sachs and Morgan Stanley already laying off staff.

Opinion: Ban crypto and its parasitic thievery

OPINION: After last year’s meltdown, you would think we’d seen the back of crypto.

BNZ changes staff performance scheme - FMA wants to ensure customers are OK

The bank will need to show how the move is consistent with new regulations.