Latest from Banking

Bank profits rise 35 per cent in last three months of 2020

Lower loan impairments and cost-cutting measure drove the increase.

ASB to pay $8.1m to customers after lending failures

Some 73,000 affected customers will be compensated either $68 or $135.

Demerger decision: Exiting Westpac CEO on NZ business review

The bank has released its half year profit to March 31.

Liam Dann: Is central bank independence under attack?

A complex Reserve Bank policy scrap goes to the heart of a bigger global economic debate.

Abuse of NZ shell companies and trusts highlighted in global report

Sectors like banking and real estate were identified for potential vulnerability.

Two South Island towns lose Kiwibank services

Paper Plus Cromwell and Alexandra will close their Kiwibank agencies on May 31.

Simple tricks to help small businesses get a loan

Small business has long complained about how hard it is to get bank loans.

Liam Dann: Could we make Westpac a Kiwi bank?

The sale of Westpac NZ presents opportunity to change banking landscape for the better.

ASB boss points to 'warning signs' in Kiwis savings' habits

Research found many have less than $1000 saved as a backup.

Scammed: Couple rattled after losing $8k to fraudster

Māngere couple receives the shock of their life after realising they have been scammed.

Why Westpac's NZ move could be followed by other banks

Past experience has shown what one big Aussie bank does the others do too.

Duncan Bridgeman: Could Westpac juice up the New Zealand sharemarket?

With the right governance and price, Westpac would attract significant investor appetite.

Westpac considers spinning off NZ business

Process under way, Westpac says.

Investment property interest write-off change prompts rethink by major bank

ANZ says its affordability equations will need to be reviewed.

Christopher Niesche: ASB parent targets Afterpay

OPINION: A measure of the threat that fintech poses to the major banks.

Business Hub: FMA official watching for banks behaving badly

Bolingford will use her experience handling UK banks during the GFC.