Latest from Banking and finance

Kiwi banks freeze hundreds of accounts in foreign tax crackdown
Suddenly can't access your money? This could be why.

Law firms watched for money laundering under new rules
About $1.35 billion of criminal proceeds is generated for money laundering every year.

Europe's 'death wish' has never been stronger
COMMENT: Recession worries are edging on to radar screens.

Former PK Furniture owner chased over $4.6m debt
The chain was sold to new owners, which now run a handful of stores.

World at risk of a borrowing hangover
World debt ratios have spiralled to record levels during the era of super-easy money

Sales pressure remains high, say bank workers
Pressure on bank staff to sell products remains high despite changes to incentives.

Economy Hub: Are Kiwis being ripped off?
Watch: Official stats say inflation is low but in some key sectors we are paying too much.

Cashflow better but uncertainty wobbles for farmers
Dairy farming cashflows are better but uncertainty underpins the relief, says ANZ.

First Kiwi bank deal with Alipay smoothes way for Chinese payments
BNZ's merchant customers are to get access to Chinese payment provider Alipay.

Reserve Bank plans to crack down on bank boards
The Reserve Bank plans to crack down on bank board directors.

Commonwealth Bank expected to recover
CBA paid A$700 million to settle the civil proceedings.

Amount first-home buyers take from KiwiSaver surges
Amount people are taking out of KiwiSaver for a first home has doubled in five years.

Liam Dann: Fix or float your mortgage when rates creep up?
COMMENT: Pondering your mortgage is easier if you let go of idea that you have control.

The interview: BNZ boss Angela Mentis
New BNZ boss Angela Mentis talks about why she is passionate about banking.

Mortgage rates set to rise - what you need to know
The Economy Hub: Why interest rates are on the rise and what you need to know

'We've been a little bit naive': Lessons from the Aussie's financial services inquiry
What the finance sector should learn from the Australian financial services inquiry.

Fran O'Sullivan: NZ regulators could learn lesson from huge penalty
COMMENT: CBA's $760m fine serious nail in the record of former CEO and Kiwi Ian Narev.

Aussie bank's record $759 million penalty
If agreed by court it will be the largest civil penalty in Australian corporate history.

BNZ faces more than 30 claims after outage
The bank has received more than 30 claims for financial loss so far.

Comment: Why you should give your kids pocket money
Parents should revive "pocket money" to give kids budgetary skills, writes Michael Cave.

Home lending restrictions tipped to ease
Lending restrictions could ease by the end of this year, according to one bank economist.

BNZ could do more to compensate customers: Consumer NZ
Customers of BNZ are waiting to hear details of compensation.

BNZ working with customers who lost money
Saturday service outage knocked out most services for BNZ customers.

Why are young New Zealand women not investing?
Regulator targets young females to look at KiwiSaver fees.

BNZ failure caused by Melbourne power outage
The outage caused a series of failures on both sides of the Tasman.

BNZ back online after outage
BNZ's apps are working again after an hours-long outage but it's unclear what caused it.

Could NZ's economy survive a China crisis?
How would NZ do if China's economy stalled? Treasury says it wouldn't be pretty.

Bitcoin traders face criminal investigation
US officials are probing whether traders are manipulating the price of Bitcoin.

Economy now 'over the hill' says Westpac
New Zealand's economy is past its prime according to Westpac economists.