Finance
KPMG says banks aren’t making excessive profits
The company says claims of excessive profits lack the backing of any research.
Finance
NZ depositors have no reason to fear bank losses
The legislation will formalise the de-facto insurance the government provides.
Finance
Xero, BNZ downplay impact on Waddle partnership
BusinessDesk understands the partnership between the Bank of NZ and Xero's Waddle took about a year to negotiate.
Finance
Australian law firm files class action against Fletcher
In the period covered by the class action suit, Fletcher's mounting losses on high-rise buildings were consistently understated.