Nelson mayor Rachel Reese is set to engage with Westpac, after the bank announced last week the potential closure of branches around the country.
Two major banks have both dropped interest rates and raised deposit rates, in response to yesterday’s official cash rate cut.
A major bank may close up to 19 of its branches across the country as a result of rising online transactions.
Two more banks have followed ANZ and cut rates after today's cash rate drop
New Zealand central banker Graeme Wheeler is going to need more than a plain-vanilla rate cut if he wants a weaker local currency.
Australia's Prime Minister announced the country's major banks will face regular scrutiny from a parliamentary panel, amid growing public disquiet about the lenders’ practices.
Commission for Financial Capability said tactics ranged from emails, letters and phone calls to face-to-face meetings
Almost half of New Zealand businesses do not have cyber insurance in place, report states
NZ dollar dips below 69 US cents as risk appetite, commodity prices fall