Latest from Banking and finance

Sir John Key admits ANZ directors failed due diligence obligations

"We got it wrong. We accept responsibility for that", says the ANZ chairman.

Liam Dann: Hisco's departure the spark in tinder dry banking sector

COMMENT: The departure hits local banking at a time when tensions were already high.

Gaynor: Why Hisco should be praised by his former bosses

COMMENT: How can we possibly criticise a CEO who achieved such massive profit figures?

'Tough call but the right one': Fran O'Sullivan tackles Key over Hisco affair

The late night call that brought David Hisco down.

On-sale of St Heliers home to Hisco's wife raises questions

A property deal between ANZ and the wife of ex-CEO David Hisco is raising fresh questions.

ANZ fiasco serves as wake-up call to employers

Employers are being urged to make sure their expenses policies are up to scratch.

Sliding NZ dollar - how low can it go?

The NZ dollar has lost its shine, and worries about China could bring more weakness.

Why Westpac won't be asking what job candidates are paid

Westpac is taking steps to close the gender pay gap.

How the major banks are responding to the Hisco expenses fiasco

Major bank reacts to the expenses dispute ANZ had with its now departed CEO.

Car park sweeper to bank boss: David Hisco's unlikely rise to the top

A look at the unlikely rise of car park sweeper.

Sir John Key sold beach home to ANZ boss Hisco last year

"I had a house for sale and they wanted to buy it." - Sir John Key.

Facebook gears up for launch of new digital currency

Facebook is braced for backlash ahead of launching a new currency next week.

Damien Venuto: Fonterra, Kiwibank, Sport NZ make marketing moves

Comment: There have been some big moves in the advertising space.

Bank puts hold on regional branch closures until 2022

BNZ has made a promise not to close regional branches for the next three years.

Liam Dann: We can't let Aussies hijack our banking debate

COMMENT: Will safer banks mean higher costs? Let's not let Aussie spin dominate debate.

Fran O'Sullivan: Pomp and trying circumstances for Treasury boss' farewell

COMMENT: Dinner chat will be on how Treasury chief stumbled and who else is in the gun.

Welcome to your Kiwi dream, first home buyers

We say: KiwiSaver, sinking interest rates and low unemployment help first home buyers.

RBNZ bank capital proposals won't be a panacea - academic

Academic Martien Lubberink sees a few problems with the capital rules changes.