The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5%.

A sacked ASB investment banker has indicated that he will plead guilty to fraud charges of nearly $18 million which is the country's largest employee theft.

First NZ Capital chief Scott St John has been co-opted to the Council of The University of Auckland.

The Serious Fraud Office says it has set a deadline of March 31 to decide whether to lay charges against those involved in four failed finance companies although it may be too late to prosecute some.

SHARE NZ has secured branding and advertising guru Mike Hutcheson as an independent director.

Welcome to the first Weekly Wrap of this year. Often the last few weeks of December are a very busy time for news. This year is no exception and I suspect there are still some more big stories to go in the week before Christmas.

New commissioner starts today; Cullen Fund continues to strengthen; Mercer's top 10 investment trends for 2010

The banks had a tussle in the six-month space this week as the competition for deposits continues to run unabated, in the same week Marac introduced non-guaranteed rates.