Latest from Banking

Stories and analysis from The Northern Express Herald.

Broker returns to face charges

A New Zealand-based money broker will return voluntarily to his former home of Britain this year to face fraud charges and allegations he tried to manipulate international banking rates.

Banks face warning from FMA

The Financial Markets Authority has warned it may name and shame banks or even restrict their licences if alleged KiwiSaver mis-selling and switching practices are allowed to continue.