JPMorgan boosts mood as Wall St keeps climbing
US equities climbed overnight, lifting the S&P 500 to a new record, after better-than-expected quarterly results from JPMorgan Chase
US equities climbed overnight, lifting the S&P 500 to a new record, after better-than-expected quarterly results from JPMorgan Chase
The Reserve Bank is trying to understand why inflation has undershot expectations over the past six years.
How do we prepare our kids to face a world of easy credit, consumerism and high cost housing?
Lenders from Asian powerhouse can fill gap left as big local players end funding for foreign house buyers, says an expert.
Westpac's New Zealand unit is cutting interest-only lending terms to a maximum of five years, in a market where investors are the driving force.
American prosecutors have dropped charges against a NZ resident accused of conspiring to manipulate benchmark interest rates.
What could cause big changes to New Zealand and Australian's housing markets?
Tenants and first home buyers will suffer if tougher new invesor lending rules are introduced, says a landlords group. Andrew King
ANZ faces three separate High Court claims from farmers who bought controversial financial products from the country's largest bank.
The cash management roles would be outsourced to Armourguard.
A deep analysis of mortgage registrations has revealed which areas of NZ are the most and least leveraged, and which bank is winning the cut-throat mortgage war.
A New Zealand woman has tried to pay off credit card debt with a cheque issued by a phoney UK bank.
The job market is grim on Wall Street - except in one little corner of the financial world.
Kiwis banking with the Co-operative bank could expect extra money in their back pockets today, as it gives away more than $2 million to its customers.
WATCH: Unsuspecting Kiwis to be slipped cash.
Are the humans of finance an endangered species?
SBS Bank, the Invercargill-based lender, has appointed Shaun Drylie as its new chief executive.
Prime Minister John Key says he "potentially" supports income-related restrictions on mortgage lending.
ASB is the fourth major bank to impose lending restrictions on foreign home buyers.
An interest-only mortgage allows the borrower to pay just the interest on their loan, but could there be some big hidden risks?
The Reserve Bank is about to undertake a major review of the capital regime for New Zealand's retail banks.
The decision of banks to stop lending to foreign house buyers appears to have taken everyone by surprise.
BNZ has joined ANZ Bank and Westpac's local unit in restricting mortgage lending for foreign property buyers.
Two of our biggest banks will no longer lend to overseas-based buyers of New Zealand property.
TSB Bank, the Taranaki community-owned bank, more than doubled annual profit.
Pressure is coming on Govt to fix rules that are effectively stopping banks from helping foreign workers to send money home.
Heartland Bank has told investors it is monitoring the dairy sector "with close attention".
COMMENT: After money was stolen from through the SWIFT network, it is clear how easy it is for hackers to take advantage of customers online.
The Reserve Bank has softened the policies it's looking at imposing for banks that outsource some of their services.