Napier

While American International Group’s Standard and Poor’s rating has been put on CreditWatch with negative implications the rating of the New Zealand business remains unchanged.

The clock is ticking on whether or not the Financial Advisers Bill (FAB) will make it through Parliament before it rises for the election.

Auckland

Standard & Poor's Ratings has reviewed Equitable’s ratings and left them unchanged at BB+, but has moved them from stable to negative.

Waikato/BOP

Auckland

Nationwide

The Reserve Bank today reduced the official cash rate (OCR) by 50 basis points from 8.0% to 7.5%.

The Reserve Bank today reduced the official cash rate (OCR) from 6.5% to 5.0%.

Listed Lombard Group says it has a future, although its main subsidiary is in receivership, but it’s not sure yet what that future is.

Auckland

Auckland

Wellington

The "total remuneration" approach to KiwiSaver has been effectively banned in legislation rushed through Parliament under urgency last week.