Alex Bank hires for growth

Alex Bank, which received a restricted banking licence from APRA in July 2021 has been pushing ahead with its growth plan. read more

Facebook’s Meta financial folly

Facebook’s foray into financial services ended ignominiously last week as its new parent Meta sold off the Diem project to California’s Silverlake Bank for a reported sum of US$200 million.  read more

FMA takes action against Kiwibank

The New Zealand Financial Markets Authority has filed High Court civil proceedings against Kiwibank for making false and/or misleading representations to customers over transaction fees. read more