Banking and financeStartup aims to help first home buyersA new website that compares mortgage rates across banks in an instant was founded by two Aucklanders struggling to get their first home.13 Dec 11:46 PM
BDBDBanking and financeUDC deposits shrink as ANZ ownership question weighs on some investorsUDC Finance's deposits shrank in the latest financial year.13 Dec 10:59 PM
BDBDAgribusinessShare milkers still feeling bank debt pressureA fifth of share milkers who responded to a Federated Farmers survey said they were coming under pressure from their bank on their 13 Dec 04:04 AM
BDBDBanking and financeHeartland raises $20m at 4.6pc discountHeartland Bank's trading halt has been lifted after the bank raised $20 million from institutional investors at $1.46 per share.12 Dec 09:14 PM
Banking and financeKiwis splashing out for ChristmasNew Zealanders are spending up more this Christmas compared with last year, as shopping ramps up in the first week of December.12 Dec 12:15 AM
BDBDBanking and financeHeartland plans to raise $30 millionHeartland Bank wants to raise up to $30 million through a placement and share purchase plan to maintain its capital ratio.11 Dec 09:47 PM
Banking and financeKiwis blame investors for housing crisisKiwis blame investors, migration, and foreigners for the housing crisis the BNZ Financial Futures survey revealed.10 Dec 11:38 PM
Banking and financeItaly to nationalise world's oldest bankItaly is set to finalise a state-backed rescue for lender Banca Monte dei Paschi di Siena as soon as this weekend.10 Dec 01:10 AM
Banking and financeWestpac breaches registration conditionsWestpac bank has admitted breaching a condition of its registration relating to how it measures capital adequacy.08 Dec 09:57 PM
BDBDBanking and financeANZ's UDC finance unit posts record profitANZ Bank New Zealand's UDC finance unit has posted a record annual profit, driven by booming car sales and strong growth in forestry, transport and construction.08 Dec 01:25 AM
Banking and financeCustomer 'lucky' to get stolen $5k backA bank customer who was careless with her account pin received an early Christmas present, when her stolen $5000 was deposited back in her account.07 Dec 06:50 PM
Banking and financeASB appoints new head of retail bankingASB bank has promoted its technology boss to head up the bank's retail arm bringing technology and retail under one person.06 Dec 11:01 PM
Banking and financeNo Xmas $800 share bonus for ANZ staffTougher times in banking mean 5000 ANZ staff will miss out on an $800 share bonus this year.04 Dec 09:57 PM
Banking and financeItaly next in line for populist upheavalAll eyes are on Italy as its Brexit/Trump moment arrives in what could plunge the country into financial crisis.03 Dec 08:09 PM
Business ReportsDiversity Leadership Award - ASB BankASB Bank has been named the winner of this year's Deloitte Top 200 Diversity Leadership Award.01 Dec 05:00 PM
Banking and financeFaster bank payments prompt warningPeople are being urged to set up electronic payments for the day after they get paid as banks adopt hourly clearance of payments.30 Nov 11:49 PM
Banking and financeFrom Goldman Sachs to 'Suicide Squad'From Goldman Sachs to 'Suicide Squad': Meet Steven Mnuchin, Donald Trump's pick for Treasury secretary.30 Nov 03:15 AM
BDBDBanking and financeNZ business confidence slipsNew Zealand business confidence fell in November as pessimistic manufacturers offset upbeat farmers, construction firms and service companies.30 Nov 01:21 AM
Banking and financeRocketing lending levels worry RBNZThe amount of money being borrowed to buy houses at five and six times a person's income has grown significantly in the last two years 30 Nov 12:01 AM
Banking and financeMortgagee sales: Fewer lose their homesNearly 450 homeowners lost their properties in mortgagee sales during the past 12 months when banks foreclosed on unpaid loans.28 Nov 04:16 AM
Banking and financeBattle for your savings heats upBanks have increased term deposit rates in a bid to attract customers and fund further mortgage lending.28 Nov 01:09 AM
New ZealandWatch NZH Focus: Seeking a mortgage in 2017? Think again...Bernadine Oliver-Kerby speaks with NZ Herald property editor Anne Gibson about why 2017 might be a bad year for those looking to get a mortgage.Watch27 Nov 08:36 PM
Banking and financeLoan restrictions hit house developmentAn Auckland housing developer has complained how new banking lending restrictions are further restricting supply.27 Nov 08:04 PM
BusinessWatch: CEO of NZ Bankers Association talks about current industry climateKaren Scott-Howman, CEO of New Zealand Banker's Association, speaks to the Herald about the current climate in the banking industryWatch26 Nov 03:10 AM
Banking and financeProperty investor borrowing falls $287mNew clamp-downs on residential property investors appear to be working.24 Nov 08:13 PM
BDBDBanking and financeReserve Bank delays bank disclosure reformsThe Reserve Bank of New Zealand has extended for two weeks its deadline for feedback on a proposed new Dashboard approach for banks' financial disclosure.24 Nov 04:47 AM
Banking and financeBiggest risks to the banks in 2017Sluggish growth, political uncertainty and low interest rates remain risks to the global banking sector.24 Nov 12:29 AM
BDBDBanking and financeHeartland pursue UDC from ANZHeartland Bank has told investors that it remains interested in buying asset finance company UDC from ANZ Bank, describing it as an 22 Nov 04:30 PM
Banking and financeHighest rate for savers in over a yearBNZ has made a grab for the savers market offering a 4 per cent term deposit rate.20 Nov 09:40 PM
Banking and financeWestpac apologises for 'Asian' emailWestpac has apologised for sending an email to a customer containing the greeting "Hello Asian".20 Nov 12:36 AM
Banking and financeBNZ Harbour Quays closed for 'months'BNZ's Harbour Quays building won't reopen for months following damage to CentrePort in the 7.8 earthquake.17 Nov 04:53 AM
BDBDBanking and financeHenry van der Heyden appointed chairman of RabobankHenry van der Heyden has been appointed chairman of Rabobank New Zealand Limited, replacing John Palmer who has retired from the board.17 Nov 03:57 AM
Banking and financeMajor banks offer financial assistanceQuake-hit customers and businesses have been offered mortgage relief and access to savings.15 Nov 11:04 PM
Banking and financePaywave cards targeted by young thievesChildren as young as 12 are targeting contactless credit and debit cards in Rotorua.15 Nov 07:50 PM
