Latest from Banking and finance
Bernard Hickey: Are NZ banks about to raise interest rates?
NZ banks may follow their Australian parents and hike floating mortgage rates before any official move, but will struggle to justify it.
All Sth Canterbury fraud accused named
All five defendants in the Serious Fraud Office prosecution of South Canterbury Finance associates have now been identified.
Bridgecorp picture 'materially misleading', court told
The picture Bridgecorp painted for investors about aspects of its financial position was "materially misleading", the High Court heard this afternoon.
Dairy Holdings shareholders buy out remaining investors
Shareholders of Dairy Holdings Ltd, which owns 58 dairy farms in the South Island, have bought shares owned by the collapsed South Canterbury Finance.
NZX taps relative unknown to replace Weldon as CEO
NZX has tapped a relative unknown to replace Mark Weldon as the stock exchange operator gears up to expand its presence in agricultural commodity markets.
NZX names Weldon's successor
The New Zealand Stock Exchange has announced who will replace Mark Weldon as its chief executive. The new CEO is a Singapore-based Kiwi, who was previously a partner in Oliver Wyman's retail and business banking practice and has advised...
Inside Money: BNZ poised to enter KiwiSaver game
The last of the big banks is about to enter the KiwiSaver game with BNZ in the final stages of preparing its scheme for market.