GoodReturns | NZ’s financial adviser news-item centre

ANZ and Westpac credit rating outlooks downgraded to 'negative' outlook: Fitch

ANZ and Westpac credit rating outlooks downgraded to 'negative' outlook: Fitch

Australia's ANZ Bank has taken another hit, with the international credit rating agency Fitch downgrading the bank's operations in both Australia and New Zealand from a 'stable' to a 'negative' outlook, citing "material shortcomings in operational risk management, which were not aligned with the assessment Fitch had previously incorporated into its ratings".

BusinessDesk

Thu, Jul 18th 2019 10:19AM

Extending LVR limits to non-banks "nanny state" idea

Extending LVR limits to non-banks "nanny state" idea

ASB changes commission payment system. Will trail comm come?

ASB changes commission payment system. Will trail comm come?

Markets price in 85% chance of rate cut: BNZ

Markets price in 85% chance of rate cut: BNZ

Non-banks may face LVR speed bumps

Non-banks may face LVR speed bumps

OCR below 1% increasingly likely: Kiwibank

OCR below 1% increasingly likely: Kiwibank

Compliance costs difficult under new regime: Shanks

Compliance costs difficult under new regime: Shanks

Two more OCR cuts this year: ASB

Two more OCR cuts this year: ASB

Resimac takes stake in asset finance specialist

Resimac takes stake in asset finance specialist

Groups at licensing crossroads

Groups at licensing crossroads

Banks warn of rising costs from capital rules

Banks warn of rising costs from capital rules

The takeover: more mortgages for FHBs

The takeover: more mortgages for FHBs

10 market predictions for the rest of 2019

10 market predictions for the rest of 2019

Expect more intrusive Reserve Bank: Bascand

Expect more intrusive Reserve Bank: Bascand

OCR on hold: economists predict August cut

OCR on hold: economists predict August cut

OCR decision revealed

OCR decision revealed

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