Latest from Banking and finance

Mortgage wars: All major banks now offering this super low fixed rate

BNZ and ASB have fallen into line and matched Westpac and ANZ.

How badly Deutsche Bank was burnt by Trump

As Trump prepares to return to the corporate world, he's lost an important backer.

ANZ drops forecast for negative OCR

New Zealand's largest bank expects only marginal drop in cash rate this year.

ASB fearing 'anaemic' growth in 2021

Bank warns if business investment doesn't rise, recovery may slow.

Broking firm fined $200,000 for 'blatant' breaches

NZ's financial watchdog started to crack down on misuse of the FSPR in 2017.

Diana Clement: How to financially prepare for 2021

After 2020, we should prepare for curve balls, having savings, and taking out insurance.

Statutory Holidays: What you should be paid

OPINION: It is concerning that people still do not know their rights.

ASB boss on how Kiwis can get ahead in 2021

ASB boss Vittoria Shortt says people should be mindful of an unforeseen downside to 2021.

What will banking look like in 2021?

Cheques are set to disappear in 2021 and branch numbers are falling.

Hirepool's $100m-plus debt: Banks grant rental firm extra time

Hirepool has appointed an adviser to manage the process.

ASB Bank staffer avoids paying $500,000 shares in company he quit because of 'substantial' IRD debt

The judge said the share seller had "misrepresented" how poor the company's finances were.

Working from home: Who pays when the banks shut up shop?

Banks are closing branches but where will workers work and who will pay?

Businessman who founded media company released from prison

Siu Shun Ho has said he couldn't forgive himself and deeply regrets his criminal actions.

Why Kiwis don't get financial advice

Two major myths are holding Kiwis back from getting advice.

BNZ warned over possible responsible lending breaches

The Commerce Commission has warned the bank.

Strong economic rebound makes negative rates unlikely - ASB

ASB economists now see no need for the RBNZ to cut interest rates into negative territory.

Lower mortgage rates before Christmas?

The Reserve Bank's funding for lending programme kicks off next week.

Deferred loans head 'back to normal' - Bankers Association

Most of those who deferred home loan repayments due to Covid-19 are now back on track.