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Bank of Nova Scotia hopes to buy Citigroup's consumer banking unit in Panama and Costa Rica. read more

Mobile payments company Mint Payments has deployed BNZ's PayClip product, which is designed to allow businesses to accept the full range of cards via NFC contactless, chip and PIN and magnetic swipe. read more

The New Zealand Government announced in its Budget for 2015 that it had stopped its NZ$1,000 kick-start payment to new KiwiSaver pension members from 21 May, in order to save NZ$175 million next year... read more

China's Bank of Communications is set to acquire an 80 per cent stake in the Brazilian bank BBM, reports WSJ. read more

BNP Paribas said it had appointed James Gibson as the new country head and CEO of BNP Paribas Australia and New Zealand, effective 15 June. read more

Five major banks - Citicorp, JPMorgan Chase, Barclays, The Royal Bank of Scotland and UBS - have agreed to large fines and charges, the US Department of Justice announced overnight. read more

Former chief operating officer of ANZ Capital Markets, Richard Kimber, has been appointed chief executive of OzForex Group. read more

More than eight in ten parents are providing financial support to their adult children, according to finder.com.au research read more

ANZ has launched a "trade lending pledge", allocating A$3 billion for small and medium sized Australian companies looking to grow their offshore trading business. read more

Regulators fined Morgan Stanley US$2million for violating short selling rules and inaccurately reporting its short interest positions on billions of shares for more than six years. read more