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ANZ's full-year cash profit drops to six-year low
CEO warns there could be more hits to come as the business looks to further restructuring.
CEO warns there could be more hits to come as the business looks to further restructuring.
ANZ - the country's largest bank - has announced a 13 per cent drop in net profits to $1.54 billion for the year to September 30 . The
A bombshell hit London this week: Mark Carney, the most powerful man in the British economy, will only be in his job until mid-2019.
New Zealanders could be vulnerable to fraud and theft if they meet the wrong person online.
In a major backwards step for its overseas operations, ANZ has struck a deal to sell off its retail and wealth operations across Asia.
A deal which sees the New Zealand Super Fund and Accident Compensation Corp take a partial stake in Kiwibank's holding company has completed.
A delay at ANZ's deceased estates department is costing grieving families thousands as they struggle to pay funeral costs.
AmEx is hoping to grab a bigger share of the credit card market with the launch of a new card offering the highest Airpoint dollar earn rate for purchases in NZ.
ASB will send out the first of 50,000 new digital piggy banks from today as part of its bid to encourage children of the 21st Century to save.
BNZ customers are currently unable to access internet banking according to an outage report on their website.
Finance company could be sold within a year, according to rating agency Standard and Poor's.
After Deb Hallyburton left her husband's funeral, she found herself locked out of their accounts. A rogue employee had gone too far.
Kiwibank's systems are up and running again after a tKiwibank's systems are up and running again after a two-hour outage which struck around midday, in the middle of Labour Day sales.
New Zealand's banks paid out nearly $450,000 in the past year to settle disputes with their customers through the Ombudsman service.
The bank has confirmed it may restructure parts of its business and the Herald understands up to 500 jobs could be affected.
New Zealand banks paid out nearly $450,000 in the last year to settle disputes with their customers.
The Industrial and Commercial Bank of China has officially opened its New Zealand subsidiary in Auckland.
HSBC New Zealand is closing bank accounts with balances under $100,000 in a move one customer has blasted as discriminatory.
It has been smooth sailing for the New Zealand economy this year but there are worrying signs that the big banks are preparing for a storm.
The study found New Zealanders underestimate their ability and know more about financial matters than they realise.
BNZ has confirmed it may restructure parts of its business and the Herald understands hundreds of jobs could be affected.
Profits across New Zealand's banks dipped in the June quarter driven in part by record lending outpacing funding.
A bank has been told to pay a woman more than $13,000 after she lost not only her home in a mortgagee sale but items including family pictures.
As Australian banks face the political spotlight one bank boss offers a solution to customers who find switching too much bother.
Barbara Chapman's advice for women wanting to get to the top.
After a settlement was reached between Fair Play on Fees and ANZ, lawyer Andrew Hooker said he will still pursue other banks.
The Kiwi boss of ANZ has pledged to look at cutting credit card rates at a parliamentary inquiry.
Fair Play on fees has settled with ANZ on the legal action related to certain fees charged by ANZ to personal customers.
Twenty Australian MPs will begin grilling Aussie's four big banks today, but one Labour MP says it's a sham that functions as a once-a-year chat.