![Banks unite in silence on giving client details to police](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Banks unite in silence on giving client details to police
Banks have united to keep mum on how often they give customer details to police without a warrant.
Banks have united to keep mum on how often they give customer details to police without a warrant.
Banks get daily requests from the police for personal banking information, and one says it is influenced by law enforcement interest when it assesses customers.
Banks are going into battle for new customers with free tablet computers, contributions to house painting and cash handouts all up for grabs.
ANZ Bank sees no rush of customers to rivals with death of National brand.
Homegrown lender Kiwibank could face an increase in its wholesale funding costs after being hit by a credit rating downgrade from Standard and Poor's.
The four Australian-owned banks earn more out of NZ than banks in most other countries, but that's the price of a sound financial system, says Alan Bollard.