Latest from Banking

Quarter of mortgaged properties in Auckland vulnerable to flooding

The Reserve Bank concludes NZ banks are resilient to isolated climate events.

Luke Ryan: Legal practices don’t have the processes and facilities to secure digital assets

Two Māori entrepreneurs could hold the key to the cryptocurrency padlock.

Revealed: Finance Minister sought advice on a bank 'tax'

Why the RBNZ doesn't want anything to do with an effective bank tax.

Cooking the Books: Why higher interest rates are causing banks to collapse

A banking expert shares how likely a bank collapse is for New Zealand.

Germany’s Olaf Scholz dismisses fears over Deutsche Bank

Financial Times: Germany’s chancellor rejects Credit Suisse comparison.

Mark Lister: A tumultuous two weeks

Over the last 10 days, we’ve seen some of the biggest moves in decades.

Red Cross lays out what your Cyclone Gabrielle aid donations are spent on

Free psychological first aid is among the assistance enabled by Kiwis' huge generosity.

‘Close to thin ice’: Looming credit crunch puts pressure on Fed

Financial Times: The Fed navigates a dangerous tightrope as banking turmoil continues.

Shooting anxiety in Henderson, dental demands grow & 186 US banks vulnerable | Focus Morning Bulletin: 20 March, 2023

How West Auckland residents are faring after terrifying shooting, how many of us want dental care to be free and warnings as 200 US banks at risk in the latest New Zealand Herald headlines. Video / NZ Herald

Silicon Valley Bank staff handed up to $38m in bonuses after rescue deal

Telegraph: Bonus pool of many millions of dollars was described as “modest”.

Sharon Stone breaks down: ‘Just lost half my money’

Star confesses to serious financial loss due to "this serious banking thing".

UBS in talks to acquire Credit Suisse to stem crisis

Financial Times: Swiss authorities press for merger to stem crisis in banking sector.

Silicon Valley Bank parent company files for bankruptcy

The expected filing comes a week after the tech-focused bank failed in a shock collapse.

Markets with Madison: Silicon Valley Bank silver lining

Central banks can't keep hiking rates amid bank failures, US economist says.

Disgraced Silicon Valley Bank CEO escapes to luxurious Hawaiian home

The former bank boss wasted no time jetting to his multimillion-dollar home in Hawaii.

Opinion: Silicon Valley Bank was destroyed by Silicon Valley tech bros

New York Times: Once the CEO whisper network got going, SVB was doomed.