New Zealand's four major banks will reduce their number of branches even faster as a result of the coronavirus crisis experience and each will be down to about 50 within 10 years, according to Massey University banking professor David Tripe.
Right now, our focus must be on the big macroeconomic numbers of the post-covid recovery: in particular the unemployment rate and the Budget deficit.
Access to equity and diversified debt capital should be “top of mind” for boards and executives as companies emerge from the current health crisis, NZX chief executive Mark Peterson says. “The value people will place on having access to equity and the way they think about thei...
New Zealand's four major banks will reduce their number of branches even faster as a result of the coronavirus crisis experience and each will be down to about 50 within 10 years, according to Massey University banking professor David Tripe.