The other cloud hanging over NZ's economic recovery
The recovery will take way longer if Kiwis aren't willing to spend.
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Westpac loan targets rise in work from home
Bank offers up to $10k interest-free as more opt to work from home.
Japan's Shinsei Bank to buy UDC Finance for $762m
ANZ has been trying to offload UDC for some time.
HSBC reviewing operations - could NZ office close?
Global bank is reviewing its operation as it cuts 35,000 staff.
How bad could it get for banks? The worst case scenarios
Reserve Bank governor Adrian Orr forecasts tough time still to come.
ASB Securities hit with $80,000 fine for 14-year privacy breach
The New Zealand Markets Disciplinary Tribunal censured the online share trading platform.
How banks and insurers are coping amid the coronavirus economic fall-out
The Reserve Bank has released its six monthly financial stability report.
Funding for property development and subdivisions dries up
Developers will have to hold on until financiers feel more confident again.
Like Y2K again: Banks get ready for negative interest rates
Banks have to check everything from their legal documents to technology systems.
New record low: ASB hits back in mortgage war with 2.69% rate
Major bank cuts mortgage rate to new low.
Mortgage wars: Home owners could save up to $70 a week
Savings to be had as banks slash rates.
ASB to phase out use of cheques
Kiwibank stopped accepting cheques in February, and Inland Revenue and ACC in March.
What bank bosses want to see in Budget 2020
What do bank bosses want to see in the Budget to help business?
$377m worth of loans to small business applied for in one day
Thousands of businesses have applied for a loan from Inland Revenue.
FMA to company bosses: Be brave and we'll be forgiving
Directors must front foot liquidity concerns, says Financial Markets Authority chief.
Two more major banks ditch cheques
Number of customers using cheques has been steadily declining over the past five years.
Locked out: Westpac system crashes
Some customers have been locked out of their accounts for hours.
Tens of thousands of workers set to return to offices
Offices 'just like land-based cruise ships' - Calder
Revealed: Just $23m of $6.25b Govt-backed loans made by banks
Take-up of the Business Finance Guarantee Scheme has been slow.
Mortgage wars: Record low - banks cut rates to less than 3 per cent
The is the first time interest rates have dipped below 3 per cent.
BNZ boss defends banking sector after govt criticism
BNZ boss Angela Mentis says banks are playing their part to keep businesses going.
ANZ loses bid to strike out action over ponzi scheme
Bank has strike out application dismissed.
Covid-19 will cause sharper down-turn than GFC, Westpac boss says
Westpac boss David McLean believes New Zealand could come out of recession quickly.
BNZ accused of sabotage by former business partner
Claims of deceit and conspiring against the company behind failed Swipe HQ.
NZ banks defend Covid-19 response after criticism
NZs banks have 'blown the chance' to show customers they care during the crisis.
The worrying number hanging over the big banks
Financial Times: Lenders take diverging approaches in making provisions for virus damage.
Westpac expects $211m hit linked to Covid-19
Big bank announces how much it made in the six months to March 31.
Small biz loans welcomed as banks accused of being too tough
Banks' criteria criticised for being too tough for some small businesses to get loans.
ANZ boss says confidence key to economic recovery
An increase in mortgagee sales is a possibility.
Govt blasts banks, will provide $100k loans to virus-hit businesses
Finance Minister Grant Robertson chides banks for failing to help businesses.
ANZ NZ profit down 15pc to $789m
Higher expenses and a squeeze on its margins hit ANZ NZ's cash profit.
Property lifeline: More than 100,000 Kiwis taking mortgage relief
New data shows more than 100,000 households are seeking mortgage relief from their bank.
BNZ boss: Businesses in better shape than post GFC
BNZ's latest half year result took a Covid-19 hit but the CEO remains confident.
BNZ reports cash earnings of $562 million in six months
Directors to donate 20 per cent of their fees for the next six months to charities