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Showing 11 - 20 of 161 results for "Bank of New Zealand"

Chief economist update: Bubble, bubble getting out of trouble

BENJAMIN ONG  |  MONDAY, 19 APR 2021
... re-start postponed reunions and visits t families and friends on both sides of the pond, it would, as the Reserve Bank of New Zealand (RBNZ) declared recently, "support incomes and employment in the tourism sector both in New Zealand and Australia". ...

Chief economist update: RBNZ keeps policy steady on unsteady outlook

BENJAMIN ONG  |  THURSDAY, 15 APR 2021
If in doubt, remain patient and do nothing. This is the gist of the Reserve Bank of New Zealand (RBNZ) policy statement following the conclusion of its April 14 monetary policy meeting. The RBNZ kept the official cash rate unchanged at 0.25% and maintained ...

Westpac considering NZ demerger

ANNABELLE DICKSON  |  THURSDAY, 25 MAR 2021
... businesses going forward," the bank said in a statement. The move follows yesterday's announcement that the Reserve Bank of New Zealand (RBNZ) instructed Westpac New Zealand (WNZL) to hold additional liquid assets and commission independent reports into ...

RBNZ puts Westpac on notice

ANNABELLE DICKSON  |  WEDNESDAY, 24 MAR 2021
The Reserve Bank of New Zealand (RBNZ) has instructed Westpac New Zealand (WNZL) to hold additional liquid assets and commission independent reports into its risk governance and liquidity risk management. The RBNZ has instructed that the first independent ...

Chief economist update: Ardern's ardour

BENJAMIN ONG  |  TUESDAY, 11 AUG 2020
... quarter on quarter drop (-0.2%) in the economy's national output in the national quarter. The Reserve Bank of New Zealand meets for policy deliberations tomorrow. Will they, won't they? "Six of nine economists surveyed by Bloomberg expect the ...

Alex Wade leaves AMP

JAMIE WILLIAMSON  |  THURSDAY, 6 AUG 2020
... experience in both Australia and New Zealand and has been with AMP since 2009, prior to which he worked at Bank of New Zealand. Jeff Ruscoe, currently chief client officer, will lead the New Zealand wealth business going forward. He has been with AMP ...

Australian Unity names chief executive

ALLY SELBY  |  MONDAY, 27 JUL 2020
Australian Unity has nabbed the Bank of New Zealand's head of private banking, wealth and insurance to lead its retail business, following the resignation of the incumbent. BNZ chief customer officer of private, wealth and insurance Christine Yates ...

AMP Life sale nears completion, new execs appointed

KANIKA SOOD  |  TUESDAY, 23 JUN 2020
... agreement announcement. New Zealand central bank approval This morning's announcement comes as the Reserve Bank of New Zealand agrees to a revised arrangement after 18 months of deliberation, including seeking advice from APRA. RBNZ wanted Resolution ...

Pay cuts, dividend slashed as NAB raises capital

JAMIE WILLIAMSON  |  MONDAY, 27 APR 2020
... restructure resulting in five key banking businesses - personal, business and private, corporate and institutional, Bank of New Zealand and UBank. The move sees the customer experience division cease to exist, with former lead Rachel Slade transitioning ...

Healy departs NAB

ELIZA BAVIN  |  MONDAY, 23 MAR 2020
... he spent eight years in New Zealand, including four years as chief executive and managing director of the Bank of New Zealand. Healy said: "I'm proud of the businesses which I have been a part of building in Australia and New Zealand. We play such an ...