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Viewing entries tagged with 'banks'

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>  

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>

IMF shines spotlight on RBNZ

27 February 2017

Interest.co.nz: IMF shines spotlight on RBNZ's heavy emphasis on banks' self discipline and directors' attestation regime, writes Gareth Vaughan. More>

Populism and the future of Central Banking

16 January 2017

Interest.co.nz: The challenge is to try to keep short term political quick-fixes from doing predictable long term damage, and ensure that monetary and fiscal policies work together effectively.  More>

RBNZ explains bank stress testing

21 December 2016

The Reserve Bank has released a new animated video explaining banking sector stress tests. Scoop press release.  More>

Banks vulnerable to underinsurance

5 December 2016

Question marks remain over whether banks will be caught swimming naked if the tide goes out and New Zealand is hit with another major earthquake. Interest.co.nz. More>

New Zealand 'has conflict problem' in FMA

5 October 2016

Almost half the Financial Markets Authority’s executive management team and board of directors have held roles with banks or other financial institutions such as fund managers, sparking concerns about the potential for conflicts of interest. Goodreturns.co.nz. More> 

NZ Bankers' Association wants Govt, not banks, to cough up more money to help fund the FMA

30 September 2016

The NZ Bankers' Association wants Govt, not banks, to cough up more money to help fund the Financial Markets Authority. (Paid content) Interest.co.nz. More>