Latest fromFinancial Services
Bank rejects big offices to get closer to customers
In a move that reverses changes during the 1990s, Westpac is opening 10 new community branches in Auckland.
Hanover doomed without deal
Hanover Group is headed for receivership if Allied Farmers' proposed debt for equity swap cannot be completed, a report finds.
Dorchester plans to raise $10m
Dorchester Pacific wants to raise a minimum of $10 million of new capital.
Transparency call from aggrieved ANZ-ING investors
A group supporting investors in ING's frozen funds has called for more transparency around the settlement of claims against ANZ.
More finance failures likely
The Reserve Bank and Treasury's expectations of significant further finance company failures increased rapidly.
Market confidence lifts private equity returns
Surging investor confidence and reasonable share prices are letting private equity investors make some decent returns.
Retail deposit scheme modified
Treasury has tweaked the retail deposit scheme to help companies wean themselves off Crown support.