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Latest from Banking and finance

Big bank profits surge to $3.3b in 2011
Last year was one of the strongest in recent times for the profitability of New Zealand's banks.

The Lombard case: Sins of omission
Lombard's directors were found guilty not for what they said - but for what they left unsaid. Chris Barton reports.

NZ dollar overvalued says Key
John Key says the Government is considering what can be done to resist a rising Kiwi dollar.