BNZ mistreated whistleblower, authority finds

BNZ mistreated whistleblower, authority finds
Melissa Bowen has been vindicated after blowing the whistle at BNZ. (Image: Supplied)
Victoria Young
In the summer of 2015-2016, Melissa Bowen witnessed a series of events at her workplace, the Bank of New Zealand (BNZ), that she believed amounted to serious wrongdoing.  Just last week, after a lengthy court fight, the Employment Relations Authority (ERA) found the bank tried to fire her for reporting it.Bowen – who had worked for the bank for more than two decades and was a manager in a unit for small business customers – made a protected disclosure in 2016.According to a landmark decision by ERA member Peter van Keulen, BNZ...

More Finance

FNZ extends controversial catch-up offer
Finance

FNZ extends controversial catch-up offer

Fintech FNZ has extended its deadline for “catch-up” equity offers, as employee shareholders say discontent grows.In March, the global fintech offered its class B shareholders a “catch-up” offer after it revealed their holdings could be massively diluted following its August capi...

Victoria Young 16 Apr 2025
The cost of over-regulated banking: $10b to $14.4b a year
Finance

The cost of over-regulated banking: $10b to $14.4b a year

Critics claim a huge annual cost from 30 years of regulatory creep.

Pattrick Smellie 16 Apr 2025
Blackbull backs Eden Bradfield into Elevation funds
Finance

Blackbull backs Eden Bradfield into Elevation funds

The Christopher Swasbrook-established fund gets new investors and portfolio manager.

Govt eagle-eyed on ComCom interchange fees decision
Finance

Govt eagle-eyed on ComCom interchange fees decision

Open banking depends on sustainable interchange fees, Minister Scott Simpson says.

Pattrick Smellie 11 Apr 2025