Latest from Banking and finance

Ten most valuable deals by foreigners trading NZ assets in latest year

Value of deals in 2024 was less than half the value of those the previous year.

‘We didn’t have any food in the house’: NZ's highest paid female exec on childhood trials

ASB chief Vittoria Shortt talks to Liam Dann about her banking journey.

Legislation, losers and lessons: Andrew Bayly’s 2024

Minister Andrew Bayly sat down with Tom Raynel to discuss his 2024, and what comes next.

Fake lawyer claims: Kiwi fraudster labelled ‘charlatan’ in Dubai court

New Zealander with colourful history finds himself in third continent's courts.

Unconsented building work non-disclosure sees agents fined $18,000

Three Barfoot & Thompson agents pleaded guilty to unsatisfactory conduct in the case.

Du Val court hearing pencilled in

Judge this week will be considering PwC’s application for information in the case.

Florida funder loaned $28.2m to Rotorua housing project

Liquidator expects no loss to customers.

'It will not be the end' – Gloriavale CEO responds to BNZ closing accounts

Govt declines request to put statutory manager in place to manage Gloriavale's finances.

Editorial: Govt's Kiwibank move a good step in the right direction

OPINION: Ultimately, a public listing may be needed for it to reach a competitive scale.

Banks roll out new scam protection tool: How confirmation of payee will work

How it works, what you'll see, and when you'll likely get it.

Kiwibank fined $1.5 million for breaching Fair Trading Act

The bank identified and self-reported the issues to the commission at the time.

NZ Herald Live: Christopher Luxon and Nicola Willis speak on OCR news

Christopher Luxon and Nicola Willis speak to media on the OCR news

Nadine Higgins: How to navigate the low equity minefield in NZ home loans

OPINION: Low-deposit borrowers face higher rates as banks reflect greater lending risks.

Banks blame red tape for behind the ball on innovation

Reserve Bank says leaving banks to their own devices hasn't worked.

Ernie Newman: Why NZ's banks resist open banking - a call for change

OPINION: Calls for stricter deadlines to boost competition and benefit consumers.

Matthew Hooton: Willis ready to take on banks to boost productivity

OPINION: Economic and fiscal forecasts demand more aggressive reform.

India’s copycat drugmakers gear up to offer cheaper weight-loss drugs

Financial Times: 'When the generics come in there will be a huge price war.'

Nike tries to get back in the race as sneaker sales gather pace

Financial Times: Athletic footwear thrives as consumers seek wider choice of brands.