Broker warned over money laundering
One of the country's largest broking firm has been handed a formal warning after it breached anti-money laundering laws.
One of the country's largest broking firm has been handed a formal warning after it breached anti-money laundering laws.
New Zealand's investment watchdog is warning the public to be wary of unlicensed and unregistered operators.
Australia's Reserve Bank is likely to hold the cash rate this month, but the soaring Australian dollar is becoming a concern.
COMMENT: Lenders' rise to dominance one of key developments of past decades, writes Brian Gaynor.
COMMENT: Most financial advisers have your interests at heart, but a few bad eggs have ulterior motives.
A new licensing regime is designed to give money saved in pool investment schemes, like KiwiSaver, greater protection.
For many people having their KiwiSaver account with the same business that has their mortgage, savings and credit cards seems like an easy solution.
The world economy is at a scary crossroads.
The number of firms kicked off the register of Financial Services Providers fell sharply as the power of the regulatory boot was tested in the courts.
Currency trader came to New Zealand for a change of pace, but rate-rigging claims followed him.
Eleven major banks say they have tested a system that could make trading much faster and cheaper, using the technology that underpins crypto-currency bitcoin.
HSBC has appointed Chris Russell as its New Zealand chief executive.
Deep Blue has conquered the world of chess - now it's about to revolutionise mortgage-approvals.
Mary Holm talks kids, Bonus Bonds and buying a home.
ASB Bank received the New Zealand Bank of the Year award last night at the International Bank of the Year awards held in London.
The world's biggest banks may need to raise as much as $1.2 trillion to meet new rules laid down by financial regulators.
Brent Sheather an Authorised Financial Adviser and a personal finance and investments writer talks fees and anomalies.
Cinema software provider Vista Group is eyeing an entry to the S&P/NZX 50 - a move that would nicely cap off the company's stellar run since listing last year.
New Zealand shares rose yesterday, led by A2 Milk Co, after it raised $40 million in an oversubscribed placement.
The acquisition is the next step in the Auckland-based retailer's development of an in-house financial services business.
TradeMe Group has launched an insurance with Tower, as part of the online auction site's plan to diversify into financial services.
Law firm Chapman Tripp comments on the FMA deal with Ponzi scheme mastermind David Hobbs.
Nelson man David John Hobbs was described as the "mastermind" behind an A$30 million "Ponzi" scheme.
The Financial Markets Authority is investigating Arena Capital, concerned investor funds may be at risk.
While the Government spent about $1.7 billion bailing out the majority of South Canterbury Finance investors, close to 4000 holders of preference shares were left out in the cold.
Head of Auckland's biggest real estate company wants urges $500k deposit for homes worth over $1.5 million and ditching LVR for homes under $500k.
Gen Y aren't the only ones living payday to payday, with a third of NZers finding dealing with money "stressful and overwhelming".