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Viewing entries tagged with 'bank'

Geoff Bascand to take over as RBNZ financial stability head

28 April 2017

 Business Desk: Reserve Bank deputy governor Geoff Bascand will take charge of the monetary authority's financial stability function when Grant Spencer fills in as governor in September. More>  

Unions call for change at Aussie-owned banks

28 April 2017

Press release: The union representing finance workers in New Zealands four majors the Australian-owned ANZ, ASB, BNZ and Westpac is urging New Zealand executives to adopt the recommendations on retail banking practice and culture in the recently released Sedgwick report. More>  

Australian banks cut sales targets, NZ expected to follow

24 April 2017

Stuff.co.nz: The Australian parents of New Zealand's big four banks are pledging to overhaul the bonus structure paid to their staff. More>  

Banks treat the New Zealand economy as just a housing market

17 April 2017

Interest.co.nz: Following the money shows how they really think. Our banks treat the New Zealand economy as just a housing market, with lending for the real economy a relatively smaller focus. More>  

RBNZ review needs ot be part of "root-and-branch" overhaul

17 April 2017

Interest.co.nz: David Hargreaves would like to seen any review of the Reserve Bank undertaken as a part of a root-and-branch overhaul of its governing legislation. More>  

Reserve Bank updates its assessment of money laundering

10 April 2017

Press release: The Reserve Bank today published an updated assessment of the money laundering and terrorism financing risks that face the financial sector. More>  

RBNZ: Input Sought on Insurer Law Review

31 March 2017

The Reserve Bank of New Zealand has published an issues paper for its review of the Insurance (Prudential Supervision) Act 2010 (IPSA). More>

Kiwibank in hot water with regulator

17 March 2017

Interest.co.nz: Kiwibank 'working urgently' with the RBNZ after a preliminary view from the regulator concludes $250m of its bonds don't comply with bank capital rules. More>

Catching up needed for bank regulation

15 March 2017

Interest.co.nz: Martien Lubberink says NZ has some catching up to do from a bank regulatory capital perspective as the RBNZ embarks on a review. More>

'Macro-prudential tools should be permanent'

6 March 2017

Interest.co.nz: Macro-prudential tools must be permanent features of the housing market landscape, Wellington-based commercial adviser Murray Jackson argues More>