Spotlight on the conduct of Kiwi subsidiaries

The review of New Zealand's bank conduct and culture by the Reserve Bank and the Financial Markets Authority should be concluded and a report released by mid-October, the RBNZ governor has announced. read more

'Criminal proceeding' question asked of NAB

The drawn out process by which National Australia Bank compensated a chunk of its wealth management customers in 2016 for illegitimate fees has raised the first mention of criminal proceedings at the.. read more

Fee fiddle centres Hayne on NAB

Efforts to minimise compensation owed to customers was a policy backed by senior NAB management, the banking royal commission heard yesterday. read more

Brief: Rabobank under review?

Neither the Reserve Bank of New Zealand nor Rabobank NZ will confirm a report that the bank is the subject of an independent review sought by the banking regulator. read more