
SBS Bank hires Shaun Drylie as new chief
SBS Bank, the Invercargill-based lender, has appointed Shaun Drylie as its new chief executive.
SBS Bank, the Invercargill-based lender, has appointed Shaun Drylie as its new chief executive.
Goldman Sachs hoodwinked Libyan officials into investing more than £800m by plying them with prostitutes, lavish parties and luxury trips, a UK court has heard.
Kiwibank customers are still waiting for their money after a technical glitch caused delays in processing payments.
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.
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.
A majority of Kiwis believe they are being over-charged by their bank for fees and other charges, a survey by Consumer New Zealand revealed.
About 80 per cent of residential subdivisions get some or all of their funding from one of the four main banks, one sector chief says.
It's the lowest rate since the bank began in 2002, and the first rate from a major bank under 4 per cent.
The top ranked bank accounts for children have been unveiled, offering higher interest rates than most adult accounts.
Despite their use falling dramatically, problems with cheques have increased.
Wall St has figured out a way to squeeze some extra income from these stocks. And German taxpayers pay for it.
A 16 per cent drop in the Bank of New Zealand's net profit after tax was due mainly to lower gains on financial instruments, affected
The wind up of Bradley's B'on Financial Services has netted little return for Jacqui Bradley's 28 victims.
A banking "glitch" gave a student access to $4.98 million, part of which she spent on luxury handbags.
An ex-BNZ banker, who approved a loan for his own property development, has cut a deal with police over forfeiting $250,000 of frozen funds.
ANZ New Zealand posted a drop in half-year profit as expenses and bad debts rose, while margins were squeezed amid a fiercely competitive lending market.
Three Chinese banks are now registered and trading in New Zealand. Tim McCready takes a look at their operations here.
Cash profit at ANZ New Zealand has fallen from $841m to $751m for the past six months.
Westpac aims to boost market share despite stressed proportion of agribusiness portfolio more than doubling.
The Banking Ombudsman is urging people to think carefully about setting up shared accounts.
Profits at Westpac Bank are up 3 per cent for the past half year.
The intense conflict of interest between bankers and the rest of society is captured well in a passage from "Traders, Guns and Money," a book written by former banker Satyajit Das, writes Anat Admati.