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A "shocked" Westpac NZ CEO David McLean decided front footing the issue was the way to go after a report into pay equity at the bank found a gender pay gap of 30.3 per cent. read more

It's been a very big year for bank culture and conduct issues said NZ Banking Ombudsman Nicola Sladden, introducing the annual report which showed it was also a big year for  complaints against t.. read more

Centre Alliance member of parliament Rebekha Sharkie has introduced a private member's bill to amend the small amount credit contract and consumer lease provisions of the National Consumer Credit Prot.. read more

Banking and wealth management group MyState has completed an issue of residential mortgage-backed securities, raising A$400 million of funding. read more

Westpac chief financial officer Peter King has called time on his 25-year career at the bank, announcing he will retire next year. read more

One ANZ director is trusting the excess of bank snail mail to his home address will be whittled down to one per week. read more

MoneyMe Financial Group is previewing an IPO with fund managers. read more

Standard and Poor's reaffirmed its ratings for ten big New Zealand banks and finance companies, and said the slowdown in house price growth had put banks in a stronger position and eased economic risk.. read more

Whilst the BFSI industry is well versed in financial risks, there are still capability gaps surrounding non financial risks such as misconduct, technology, compliance failure, and operational issues... read more

New Zealand's Commerce Commission has filed High Court proceedings against ANZ subsidiary UDC Finance alleging it has charged unreasonable default fees. read more