
Westpac to pay $4m to ATM users
Bank to compensate more than 100,000 customers who were overcharged when withdrawing cash from ATMs in Australia.
Bank to compensate more than 100,000 customers who were overcharged when withdrawing cash from ATMs in Australia.
Westpac is forecasting a Fonterra farmgate milk price of $4 this season and $4.60 in 2016/17.
Weak dairy prices and a construction slow-down to blame.
There has been a further senior management reshuffle at Australia & New Zealand Banking Group's local division.
Is Westpac's new ad featuring Richie McCaw less about caring for people and more about public image?
Bond markets are spooked, credit risk is on the rise and banks stocks are being sold, writes Liam Dann.
ASB says it's solid but still on alert as Australian banks take a hammering.
Mortgage rates for Kiwis could go up amid global concern about credit risk.
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.
It is now easier than ever to imagine a New Zealand without notes and coins - and not just for the convenience factor.
The operators of opaque stock trading venues known as "dark pools" are coming under renewed scrutiny from government regulators.
Kiwibank's been accused of unfairly shutting down business bank accounts, prompted by new anti money-laundering laws.
Savers should be aware of the assumptions used by online calculators that show what could be in their KiwiSaver account by retirement age.
Are you earning your share from the sharing economy? Thanks to websites such as Uber, Airbnb, Tutorly and YourDrive.co.nz, many Kiwis
"No payment will be made by ANZ to Mr O'Connor and each party will meet their own legal costs," the bank said in today's statement.
The Serious Fraud Office has confirmed it is investigating Intueri Education Group.
Fixed rate mortgages could be set to tumble to new lows in the coming months after the Reserve Bank signaled it may have to cut rates again this year.
Wellington banker accused of helping to rig international banking rates is still awaiting his fate on another charge.
Recent sharp swings in equity markets around the globe offers buying opportunities, says chief executive of the New Zealand Superannuation Fund Adrian Orr.
ANZ has had a senior management reshuffle, promoting two New Zealand leaders to his executive committee.
According to latest Morningstar figures, some funds have consistently ranked at or near the bottom in their respective categories for the last five years.
Newly launched peer-to-peer (P2P) lenders may have to prove they can endure an economic downturn and become more transparent before becoming a major force.
Despite a horrible start to the year for global markets, consumers are confident in New Zealand's economy.
Benjamin Anthony Kiro was convicted after pleading guilty to 23 charges at Auckland District Court this week.
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.