Perceived cost and inconvenience are the main reasons people hold back from switching banks.

In a move that reverses changes during the 1990s, Westpac is opening 10 new community branches in Auckland.

Dorchester Pacific wants to raise a minimum of $10 million of new capital.

Hanover Group is headed for receivership if Allied Farmers' proposed debt for equity swap cannot be completed, a report finds.

A group supporting investors in ING's frozen funds has called for more transparency around the settlement of claims against ANZ.

The Reserve Bank and Treasury's expectations of significant further finance company failures increased rapidly.