Your Search Returned 11 tagged news reports
Connexionz to delist from NZ alternative market Monday November 16, 02:17 PM Connexionz Ltd said it will trade on the Unlisted market in future. The company will cease its listing on the NZX alternative exchange on December 1. Unlisted is an unregulated...
Tags: NZPA, NZX, Westpac NZ, PM Connexionz Ltd, New Zealand, Auckland, New Zealand Exchange, Westpac, Business Finance
TelstraClear sets up awards for women in business Monday November 16, 03:48 PM Telstra is extending awards that acknowledge the achievement of women in business to New Zealand. The inaugural TelstraClear New Zealand Business Women's Awards will be an...
Tags: TelstraClear, Westpac Banking Corp, Westpac NZ, New Zealand, Auckland, Theresa Gattung, David Thodey, TelstraClear Pacific Events Centre, Telstra, Westpac, Human Interest, Entertainment Culture, Banks of Australia, Business Finance
The bank reported September-year cash earnings of $236 million, down 40 per cent on a year ago. The six months to September were particularly painful with cash earnings of just $34 million against $240 million for the same period a year earlier. Westpac...
Tags: Westpac New Zealand, Westpac NZ, bad debts, St George Bank, chief executive, impairment charges, executive gail, Gail Kelly, cash earnings, financial crisis
Westpac to appeal NZ structured finance case Tuesday November 3, 06:48 PM Westpac has appealed the structured finance transaction High Court case that went against it last month. The bank, which reports its annual profit tomorrow, has said the cost of...
Tags: Westpac NZ, NZPA, Westpac New Zealand, NZ High Court, PM Westpac, structured finance, retail deposit, pm westpac
Bank of New Zealand (BNZ) said in August it was appealing a case it lost in the High Court at Wellington, but it made a $NZ661 million ($A546.33 million) provision for the case in its accounts. "This is a complex area of law, and given the facts of the...
Tags: Westpac Banking Corp, Westpac NZ, New Zealand High Court, NZ High Court, tax case, trade halt, NZ Inland Revenue Department, westpac banks, New Zealand, Auckland
Chief executive Gail Kelly also repeated her warning that average funding costs were rising and that interest rates for customers were "heading higher" after recent industry hikes in fixed mortgage rates. Mrs Kelly said there were some "encouraging" signs...
The latest ''war'' over charges will put intense pressure on the Commonwealth Bank, which is the country's largest lender, and ANZ to follow suit. Westpac's reductions will apply to business customers as well as personal account holders, the latter of...
Tags: Westpac New Zealand, Westpac Banking Corporation, Westpac NZ, exception fees, credit cards, St George Bank, penalties fees, overdrawn fees, george banks, banks fees
Westpac NZ senior market strategist Imre Speizer said the market had built up long positions during the recent rally. "There was a lot of speculative buying over the last couple of months. Too many people were holding too much kiwi and everyone rushed...
Tags: NZPA, Westpac NZ, biggest weekly, nz dollar
I've just emerged from a pricing discussion and am able to confirm that Westpac New Zealand has responded to today's OCR cut buy announcing a cut to the following lending rates: / Current / New / Change 6mth / 7.35%pa / 7.10%pa / 0.25% 1 year / 7.30 %pa...
Tags: BNZ, Westpac NZ, Westpac New Zealand
New Zealand operations chief executive Brad Cooper to lead the merger process with St George Bank as chief transformation officer. Mr Cooper will take up the new post of chief transformation officer from next Monday. St George, Australia's fifth largest...
Tags: Westpac New Zealand, Westpac NZ, chief executive, Brad Cooper, St George Bank, chief transformation, transformation office