ASB to close 23 branches
Bank say Covid-19 has accelerated the trend towards self-service banking.
AdvertisementAdvertise with NZME.
Latest from Banking and finance
Local Focus: Rotorua businesses win big
Aaron Warren's gym wins people's choice. Made with funding from NZ On Air.
BNZ profit drops 25 per cent to $762 million
The BNZ has released its full year financial result.
When will home lending restrictions come back?
Kiwibank economists say high-risk lending isn't back to levels seen in 2013.
Westpac boss on why booming house prices are not healthy
Westpac NZ chief executive David McLean talks about the housing boom.
Inside Kiwibank's new Auckland premises
Te Kupenga is a new 6-star green-rated block by Mansons TCLM.
ANZ bank boss on why housing market is booming
ANZ has had a record month for home lending in October.
Westpac profit slumps $393m on Covid-19 impact
This follows on from a massive drop for ANZ.
Bonus Bonds enter wind-up mode, investors can no longer cash in
Bonus Bond holders can no longer cash in their investments.
Covid casualty: ANZ Bank's $562m profit slump
ANZ New Zealand's full-year result has been released.
'Buyers frantic, banks tough': insider guide to mortgage land
Banks "very fussy, inflexible" with assessments - Auckland mortgage adviser
ANZ chair Sir John Key, bankers fear Reserve Bank stimulation creating asset bubbles
The bosses of the big four banks talk about the big challenges ahead.
Banks need stronger cyber security - RBNZ
The Reserve Bank is taking steps to ensure banks improve their cyber security.
Foreign currency exchange dives but major banks stick with it
ANZ will follow Kiwibank in quitting buying and selling foreign currency.
Liam Dann: House price boom raises stakes for Reserve Bank
The Covid housing boom shows Reserve Bank policy working but could see return of LVRs.
Former Viaduct Capital director fails in costs bid after fraud convictions quashed
Richard Blackwood wanted more than $75,000 after having his convictions overturned.
Buyer beware: Cannabis start-up raising funds without mentioning expired licence
Pitchman and co-founder Aldo Miccio goes silent.
Mortgage wars: Stunning 1.99% record low rate - how will other banks respond?
Heartland Bank has broken the record for NZ's lowest home loan rate in history.
Bank tightens contactless payment fraud tracking
Bank contacted customer before they even knew they had lost card.
Former board member's 'high price' for GFC fraud
Paul Bublitz stole $1.17m and then sought almost the same amount for his legal costs.
Peter Harris' co-defendant continues SFO secrecy fight
The CBL saga continues after the insurance company collapsed with a market value of $747m.
Ex-Mutual Finance board member fails in bid to recoup $1.14m
"The offences of which he has been convicted are not minor or technical," judge says.
Regulator calls out concerning behaviour in financial services firms
Weaknesses were found in governance, conduct and culture and compliance controls.
Westpac hit with A$1.3 billion fine for Austrac scandal
The fine relates to 23 million financial law breaches.
Kiwibank to pay out $5.2m to 48,000 Kiwis after 'system failure'
Bank reaches settlement agreement with the Commerce Commission.
$4000 cashback: Is it worth breaking your mortgage?
Bank sweeteners also come with a catch.
Bank profits fall 13 per cent, provisioning rises to $2.5 billion as worst yet to come
KPMG's quarterly report shows bank profits have dropped again.
Suspicious transactions: Major NZ banks named in global probe
A global investigation has revealed transactions involving 'dirty money'.
Theo Spierings' new gig, Warehouse avoids scrutiny, Hosking joins ASB
The inside word on New Zealand's business community.
Heartland profit better than expected but dividend cut
Heartland Group has reported a full year profit for the year to June 30.
Editorial: NZ's biggest fall in GDP won't tell real story
Today's fall in GDP will be better than initially expected and the worst in NZ history.
Heartland secures new funding for reverse mortgage business
Deal will allow Heartland to continue expanding in Australia.
How to run a bank from home: BNZ's unfazed boss
Angela Mentis says she started work at 4.30am while in Australia under the first lockdown.
Negative cash rate could dent confidence, Westpac boss warns
The Reserve Bank of New Zealand has continued to signal its intention to go negative.