![Deutsche Bank set to cut 1000 jobs](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Deutsche Bank set to cut 1000 jobs
The German bank will cut about 1000 jobs in its home market, insiders say.
The German bank will cut about 1000 jobs in its home market, insiders say.
In just five years, more than 150 branches of NZ's major banks have disappeared, and more are earmarked to go the same way.
As more people do online transactions, small towns must adapt to closures.
What is going on in the banking industry? The big questions answered.
The long-time CEO of Wells Fargo has been grilled by lawmakers over hundreds of thousands of sham bank accounts.
Deutsche Bank is battling rumours the German government is readying a rescue plan, but is another German bank also in trouble?
Barbara Chapman didn't get the job as chief executive of the ASB the first time she applied and she nearly didn't apply the second
The man who co-led Deutsche Bank for three years until July last year, was careful not to mention the gigantic elephant in the room.
CEO of Wells Fargo agreed to forfeit $56m in performance pay as thousands of low-level employees allegedly set up sham accounts to meet sales quotas.
COMMENT: The Bank of Japan would have been better off sticking to something closer to its traditional caution.
Te Aroha locals are losing their local Westpac and ANZ branches which could force them to drive 20 minutes just to bank a cheque.
Broken promises and pleas falling on deaf ears were the recurring themes among Milton residents who voiced their frustrations at a public meeting last night.
Bank closures are expected by early November with 19 branches to shut.
Westpac staff at 19 branches around the country are expected to be told late today whether their branch will close.
COMMENT: Westpac is leading the way with its investments in tech startups and the online mortgage broker uno.
Banker Oscar Garza had to persuade his customers to open 40 checking or savings accounts and 15 credit cards a month - or he'd be fired.
The mayors of two towns facing the prospect of two major banks closing up shop within weeks of each other say people are shocked at
ANZ bank, the country's largest bank, could be closing branches around New Zealand.
ANZ has started to refund $28.8 million to more than 390,000 accounts after the bank failed to disclose when some fee payment fees would apply.
Auckland property developers fear that a sudden tightening of bank lending may "throttle" new housing projects despite the city's desperate housing shortage.
ASB has joined Westpac and ANZ in confirming it will exit investments with exposure to manufacturers of cluster munitions, landmines and nuclear weapons.
Christopher Ashton was accused of using electronic chat rooms to manipulate currency pricing benchmarks.
COMMENT: Can the experience that a retail investor has with the finance sector reasonably be described as having their interests put first?
Kiwibank says it won't be stepping in to fill the void left by Westpac's proposed branch closures. First Union says Westpac is planning
CEO Paul Brock said the flat result reflected the global uncertainty and increased funding costs for banks.
Labour has renewed calls to ban foreigners buying New Zealand houses.
The Taranaki farmers bought controversial interest rate swaps from the bank.
Global ratings agency S&P says New Zealand's rapidly rising house prices are cranking up economic risks.
Three towns will be left with no bank branches if Westpac goes ahead with a raft of planned closures.
A lawyer says foreigners buy 29 per cent of New Zealand properties, not 3 per cent as reported in official state data.