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dealwatch financial services keep key playmakers busy
It’s been a big start to the second half of calendar 2022 for the country’s leading deal lawyers, with several major transactions in financial services announced. The government’s move to whol
fma may act against financial services firms after review finds poor practices
By Paul McBeth July 18 (BusinessDesk) - The Financial Markets Authority may take regulatory action against three financial services firms after its latest probe into replacement life insurance. The
first nzs return to jarden moniker part of bigger role in financial services
By Paul McBeth March 21 (BusinessDesk) - First NZ Capital's plans to reclaim its Jarden moniker is part of a 10-year plan to encapsulate an expanding suite of businesses with a greater impact on the c
hundreds of thousands of customer ids stolen in latitude financial services cyber attack
Cyber attackers have stolen hundreds of thousands of customer documents from Latitude Financial Services in what it said was a “sophisticated and malicious cyber attack”. The Australian lender and
tsb hires former warehouse financial services head donna cooper as new ceo
By Paul McBeth July 4 (BusinessDesk) - TSB Bank has hired the former head of Warehouse Group's short-lived financial services unit Donna Cooper as its new chief executive, replacing long-serving Kevin
trade mes reach into the financial services market yet to pay off
By Fiona Rotherham Aug. 18 (BusinessDesk) - Trade Me’s foray into the financial services market is yet to prove a winner with its fledgling insurance business under-performing and an investment in l
viva la dirt league the nz youtubers with a 6 million audience
There aren’t too many examples of great media success stories in New Zealand in 2023, but YouTube content creators Viva La Dirt League are bucking the trend. In recent days, the comedy trio of Ada
warehouse 1h profit climbs 12 as financial services exit starts paying off
By Paul McBeth March 19 (BusinessDesk) - Warehouse Group lifted first-half profit 12 percent as retailer's exit from its ill-fated financial services division starts paying off in a wider transformat
amps nz financial services notes higher income protection claims as earnings fall
By Paul McBeth Aug. 8 (BusinessDesk) - AMP's New Zealand financial services division noted an increase in income protection claims in the first six months of 2018 and a growing number of policy lapses
cert nz tie up with financial services drives increase in phishing reports
By Paul McBeth Sept. 19 (BusinessDesk) - Closer ties between the government's Computer Emergency Response Team and financial services firms saw reports of phishing attacks more than double in the June
fma cracks down on nz directors of financial services companies insider trading
By Sophie Boot Feb.20 (BusinessDesk) - The Financial Markets Authority says it saw a positive change in market participant conduct last year although it's likely to bring proceedings against at least
amp new zealand financial services posts 28 gain in underlying operating profit
By Rebecca Howard Feb. 9 (BusinessDesk) - AMP’s New Zealand financial services, the local unit of the Australian financial services firm, reported a higher underlying operating profit after tax alth
amps nz financial services lift 1h earnings 5 on kiwisaver flows
By Paul McBeth Aug. 21 (BusinessDesk) - AMP's New Zealand financial services unit lifted first-half earnings as it increased KiwiSaver cashflows and boosted funds under management, while improving it
financial services should follow open banking industry body says
Accredited New Zealand stock exchange market participants are putting their hands up to follow open banking once consumer data rights rules are bedded in. The Securities Industry Association (SIA),
foreign financial services providers spurred foss to tighten registration rules
A judgment is expected to be delivered on Thursday. The S&P/NZX 50 index declined 122.94 points or 1.03% to 11,759.15....
warehouse raises 100 mln from institutions for financial services expansion
Local Apple watcher Sarb Johal joins to talk about Apple's Vision Pro and other news. The bank is the latest to call time on the housing correction....
warehouse agrees to sell financial services unit to sbs for 18m
By Sophie Boot July 24 (BusinessDesk) - Warehouse Group, known for its flagship 'red shed' discount department stores, is selling its financial services business to a subsidiary of SBS Bank for $18 mi
warehouse changes dividend payout to help fund new financial services arm
By Fiona Rotherham Nov. 20 (BusinessDesk) - Warehouse Group, the country’s largest listed retailer, has changed its dividend policy to allow eventual profits from its new financial services group
warehouse buys out financial services jv partner westpac for 73 million
By Suze Metherell Sept. 30 (BusinessDesk) - Warehouse Group, New Zealand's largest listed retailer, has taken control of its financial services joint venture, buying out partner Westpac Banking Corp'
fma to step up enforcement of financial services provider register
By Paul McBeth Sept. 22 (BusinessDesk) - The Financial Markets Authority is stepping up its enforcement of people misusing the financial services provider register, which continues to generate the mos
financial services council launches its own investigation into churn
By Suze Metherell July 24 (BusinessDesk) - The Financial Services Council, the industry-led lobby group, has commissioned a report into sales incentives in the personal insurance industry following c
peter neilson leaves as head of financial services council
By Pattrick Smellie Feb. 15 (BusinessDesk) - Former Labour cabinet minister Peter Neilson is stepping down as chief executive of the Financial Services Council, the lobby group representing the KiwiS
financial markets authority cancels fmp medical services prospectus
A judgment is expected to be delivered on Thursday. The S&P/NZX 50 index declined 122.94 points or 1.03% to 11,759.15....
telecom takes a bite of app la carte
By Suze Metherell July 7 (BusinessDesk) - Telecom Corp's startup incubator, Digital Ventures, has snapped up a strategic stake in App La Carte, the self-help business app creator, as New Zealand's
kiwisaver tax low contributions holding back pension incomes financial services lobby says
A judgment is expected to be delivered on Thursday. The S&P/NZX 50 index declined 122.94 points or 1.03% to 11,759.15....
Finance News
Finance
December interest rate cut uncertain: Fed governor
Lisa Cook says the timing of further reductions will depend on new data.
Finance
Bayly to banks: ‘Just get on with it’
Minister Andrew Bayly is impatient for the changes needed to improve competition.
Finance
‘Regulatory failure’ let NZ’s payments fall behind
NZ was the All Blacks of payments, but now barely makes regionals as regulation lagged.
*All returns are per annum, after fees and before taxes. Data updated at 1:07pm 21 November 2024 (NZT)
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