Latest from Banking and finance
Sue Brown tipped as FMA chief
Two of New Zealand's top watchdog jobs could end up being held by women.
Bridgecorp on path to insolvency
Failed finance company Bridgecorp was on the path to insolvency when it issued the prospectus in 2006, the Court of Appeal heard today.
Australian named as new SFO head
The new boss for the Serious Fraud Office has been named as Australian Julie Read.
Regulator not investigating Phoenix Forex
The Commerce Commission said this morning it will not be investigating Auckland-based company Phoenix Forex.
Reserve Bank tipped to hold key rate
The NZIER shadow board believes the Reserve Bank should leave the official cash rate on hold at 2.5 per cent when it reviews it tomorrow, but with a rise as the next best option.
Complaint made against Phoenix Forex
The Commerce Commission is considering a complaint about Phoenix Forex.
You can't shift blame, judge tells Bridgecorp's Roest
Former Bridgecorp CFO Rob Roest suggested the losses to investors were not as severe or widespread, when he appeared before the Court of Appeal today.
FMA still after finance companies
Directors of failed finance companies are not off the hook yet and the Financial Markets Authority says it is likely to launch criminal proceedings.
Drop in job ads points to softer labour market
Australian job advertisements are almost at their lowest point since the global financial crisis.
Market looking for rate rise clues
The financial markets expect the Reserve Bank to raise interest rates by at least a percentage point next year.
Online database of advisers advocated
A former financial adviser is appealing for investors to come forward to help set up an online database to help compare the performance of investment advisers.
Kiwibank hikes mortgage rates
Kiwibank has hiked two of its fixed mortgage rates for people who have deposits of less than 20 per cent.
Financial adviser accused of $3m fraud
An Auckland financial adviser accused of stealing $3 million of investors' money has been charged today.
Patience key to China: bank boss
National Australia Bank boss Cameron Clyne believes the key to tapping into trade in China is patience.
Outlook for NZ banks stable, says Moody's
The outlook for New Zealand's banks is stable but a housing bubble triggered by a low interest rate lending boom remains a key credit risk, according to Moody's.