Bancorp farewells founders, gains NZX accreditation to chase dual-listing clients

Bancorp farewells founders, gains NZX accreditation to chase dual-listing clients

By Jonathan Underhill Aug. 22 (BusinessDesk) - Bancorp Group has gained NZX accreditation, which will allow the investment bank to bring companies to market in dual listings that give local firms access to Australia's deeper pool of capital. Bancorp Corporate Finance has be...

NZ dollar gains against broadly weaker greenback as South Korean exercises get underway

NZ dollar gains against broadly weaker greenback as South Korean exercises get underway

By Jonathan Underhill Aug. 22 (BusinessDesk) - The New Zealand dollar rose against a broadly weaker greenback as US joint exercises with South Korea put tensions with the North back into focus while the lack of economic news had traders looking ahead to the central banker symp...

NZ dollar gains as Bannon ousted, Jackson Hole looms; Labour gains in poll

NZ dollar gains as Bannon ousted, Jackson Hole looms; Labour gains in poll

By Jonathan Underhill Aug. 21 (BusinessDesk) - The New Zealand dollar rose as news that US President Donald Trump had dumped adviser Steve Bannon kept politics to the fore and traders looked ahead to the central bank meeting at Jackson Hole, Wyoming, where Federal Reserve chai...

NZ dollar gains as Fed minutes show inflation view split, commitment to trim balance sheet

NZ dollar gains as Fed minutes show inflation view split, commitment to trim balance sheet

By Jonathan Underhill Aug. 17 (BusinessDesk) - The New Zealand dollar gained as minutes of the last Federal Reserve policy meeting showed some concern that inflation isn't as strong as expected, although policymakers appear committed to unwinding the Fed's massive balance shee...