
Wells Fargo CEO to give up $56m
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.
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 KiwiSaver water is ready and waiting. It's up to members to come and lap it up.
Baby boomers could take a cue from millennials, who are more likely to talk about money in their relationships.
More women are working at ages when their mothers and grandmothers were long retired.
COMMENT: Couple want to know how to invest their property windfall.
Regulators say the Auckland man didn't tell people he would keep 40 per cent of their investments as commission.
COMMENT: "Personal finance is more personal than finance".
Investors could be in for a bumpy ride this week after fears about US interest rates sparked a return to volatility following a long period of market calm.
Christopher Ashton was accused of using electronic chat rooms to manipulate currency pricing benchmarks.
If you don't plan carefully, you might have to go back to work when you least want to.
Helicopter rides and late night trips to hotels are par for the course for bankers to New Zealand's wealthiest.
Sam Stubbs' mission is to lower the cost of investing to make Kiwis wealthier when they retire.
Most financial advisers mention just one KiwiSaver scheme when they give advice.
There's been a call for credit card companies to be scrutinised for the levies they charge companies.
Independent KiwiSaver analysts say the launch of non-profit provider Simplicity should help to push down fees.
A new not-for-profit KiwiSaver provider has been launched by ex-Tower and Westpac executives promising to shake up the industry.
Economists say the drop was largely seasonal, as construction remained positive.
WATCH: Liam Dann talks to economist Christina Leung and fund manager Matthew Goodson about lending restrictions.
More interest rate cuts are on the way, says the Reserve Bank - as prospects for world growth diminish.
The chief executive of New Zealand's largest bank has warned that the property market may face a "messy end".
Watch NZ Herald Focus: Liam Dann says the Reserve Bank will be criticised as a blunt and unwieldy weapon - but there's a need for action.
Spoofing consists of placing orders without intending to execute them to trick the market into thinking there's interest.
The Government plans to raise the threshold that businesses must meet to make it on to the Financial Services Providers Register over
The Reserve Bank is trying to understand why inflation has undershot expectations over the past six years.
A planned law change is to aid the rise of "robo-advice" in New Zealand and for Kiwis to get more financial guidance online.
Turners Group will buy Auckland car dealer network Buy Right Cars for $15.3 million in cash and shares.
American prosecutors have dropped charges against a NZ resident accused of conspiring to manipulate benchmark interest rates.
Lending to family members can be fraught with risks but a new business is aiming to reduce the down-side by providing a documenting
Looking at how the young and rich manage their money offers some lessons for people striving for more.
New Zealand's financial advisers have lifted their game since a new regime came into effect six years ago.