Latest from Banking

Banks stopped selling controversial insurance product

Only Kiwibank still sells the insurance product.

Mortgage wars: Kiwibank slashes home loan rates

State-owned bank cuts variable rates on business and home loans.

Bank and insurance licensing law change doesn't go far enough, Consumer says

Hearings on bill proposing to license conduct of financial institutions start Wednesday.

Kiwis reveal their biggest financial worries

A new survey sheds light on what's keeping Kiwis up at night.

ANZ strife: More bad news for country's largest bank

ANZ New Zealand now facing legal action on multiple fronts.

Regulator takes action against ANZ for insurance that offered no cover

Financial Markets Authority alleges bank sold insurance policies that offered no cover.

The other cloud hanging over NZ's economic recovery

The recovery will take way longer if Kiwis aren't willing to spend.

Westpac loan targets rise in work from home

Bank offers up to $10k interest-free as more opt to work from home.

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.