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Bank of New Zealand

Australians Laundered Millions Through NZ Accounts

Wellington, July 14 NZPA - Two Australian entrepreneurs who laundered millions of dollars through New Zealand banks are to pay the Australian Tax Office over $NZ40 million in tax and penalties.

BNZ Restructures Divisions, Blair Vernon Is Leaving

BNZ Restructures Divisions, Blair Vernon Is Leaving
Wellington, June 26 NZPA - Bank of New Zealand is farewelling a senior strategy executive and restructuring its business and market orientated divisions. Blair Vernon, general manager of strategy and marketing, is leaving on July 3.

NZ Dollar Ends Week Near Where It Began

NZ Dollar Ends Week Near Where It Began
Wellington, June 19 NZPA - The New Zealand dollar ended the week pretty close to where it started it even though the central bank tried to talk the currency down. The NZ dollar was at US63.85c at 5pm, up from US63.02c at the same time yesterday. It was US64.10c at 8am on Monday.

NZ Dollar Firm As Investors Disregard Rbnz Warning

NZ Dollar Firm As Investors Disregard Rbnz Warning
Wellington, June 18 NZPA - The New Zealand dollar consolidated in a fairly narrow range in its domestic session after rising on Wednesday night. By 5pm the NZ dollar was buying US63.02c, little changed from US63.05c at 5pm yesterday.

Bollard Warns About Markets, Banks About Recovery

Bollard Warns About Markets, Banks About Recovery
Wellington, June 17 NZPA - Reserve Bank of New Zealand Governor Alan Bollard today tried to talk down the NZ dollar and talk banks into cutting interest rates, but analysts do not expect "bank bashing" to work.

Chris Ford: Banks Need To Be Nationalised To Stop Them Gouging Us!

Parliament's finance and expenditure select committee yesterday released a report accusing the banking sector of gouging at the expense of ordinary customers like you and me at a time of global recession.

Transition Agency Head Says Redundancies Likely

Transition Agency Head Says Redundancies Likely
Auckland, May 22 NZPA - The man chosen to head the agency set up to manage Auckland's transition to a super city structure says there will be redundancies among local government workers in the city.

NZ Executives Attend Controversial NAB Training Course

NZ Executives Attend Controversial NAB Training Course
Wellington, May 22 NZPA - New Zealand executives have attended controversial training courses for senior National Australia Bank (NAB) executives in San Francisco.

Watercare Boss To Head Auckland Transition Agency

Watercare Boss To Head Auckland Transition Agency
Auckland, May 22 NZPA - Watercare Services chief executive Mark Ford will head the agency set up to manage Auckland's transition to a super city structure. Mr Ford's appointment was announced by Local Government Minister Rodney Hide at a press conference in Auckland today.

BNZ Plans To Raise At Least $150 Million

BNZ Plans To Raise At Least $150 Million
Wellington, May 19 NZPA - Bank of New Zealand is hoping to raise at least $150 million from New Zealand retail and wholesale investors, for general corporate purposes.

Credit Card Comparison TablesCompare Credit Cards - Independent interest rate and fees comparisons for New Zealand banks.