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20 Jul 2018   
  
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Trump's pick to run consumer watchdog faces skeptical Senate
WASHINGTON (AP) — Kathy Kraninger, President Donald Trump's nominee to take over the nation's watchdog for banks, credit cards and payday lenders is facing the Senate Banking Committee on Thursday, where is she is expected to undergo... 
© 2018 NZ Herald 2:55am 

Western Union changes ways, but still popular with 'romance scammers'
Most of the 19 Kiwis who between them lost a staggering $7.9 million to "romance scams" in the first three months of this year appear to have used money transfer services, rather than banks, to send money overseas, cyber safety organisation Netsafe says. 
© 2018 Stuff.co.nz 5:35pm 

Bank profit drop a pivot point: KPMG
Banks' record-setting profit run has come to an end but industry commentators say no one will panic yet. 
© 2018 Stuff.co.nz Wed 5:45am 

NZ banks end their golden run - KPMG
New Zealand's banks came to the end of their golden run in the first quarter with a double-digit percentage drop in net profit, according to KPMG's latest banking survey.The consultancy's Financial Institutions Performance Survey... 
© 2018 NZ Herald Wed 5:35am 

Medical emergency at Nelson's Maitai River
CPR has been given to a man on the banks of the Maitai River in Nelson. 
© 2018 Stuff.co.nz Tue 10:35am 

No struggle, no backstory: Why today's young billionaires are so boring
Early in Warren Buffett's life, his father failed to get hired at the family grocery store during the Great Depression. Without a job, and without any money after a run on the banks, the family of four ran up a tab of grocery bills... 
© 2018 NZ Herald Mon 9:35am 

Egypt's young Nubians revive dream of return to homeland
ASWAN, Egypt (AP) — Siham Othman was born decades after her grandparents were forced to evacuate from their homes on the banks of the Nile River along with tens of thousands of their fellow Nubians. But she has a lifelong bond with... 
© 2018 NZ Herald Sun 7:25pm 

Truck crashes off Christchurch road, cuts power to properties
A truck has gone off the road in Banks Peninsula, Christchurch, cutting power to properties in the area. 
© 2018 Stuff.co.nz Fri, 13 Jul 1:16pm 

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World Cup 2018: Can Pickford win the Golden Glove?
With four of the past five World Cup winning goalkeepers winning the Golden Glove, can Jordan Pickford become England's first keeper to do so since Gordon Banks? 
© 2018 BBCWorld Tue, 10 Jul 8:25pm 


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US stocks skid as banks and consumer products companies fall
NEW YORK (AP) — U.S. stocks are falling Thursday morning as weak results from banks and consumer products companies pull major indexes lower. Online retailer eBay plunged after its second-quarter sales fell short of Wall Street projections.... 
© 2018 NZ Herald 2:55am 

Mike Hosking: You're responsible for your KiwiSaver money, not the banks
A bunch of number people have launched a series of ideas or changes, you could even call it a campaign, to do something about default funds in KiwiSaver. This, apparently, came out of what they see as the Government's weak response... 
© 2018 NZ Herald Wed 8:05am 

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Big banks 'benefit' from KiwiSavers left in default schemes
KiwiSaver providers, including the big-five Australian banks, are behaving like a cartel by not switching people to more aggressive saving schemes, a financial advisor says. 
© 2018 RadioNZ Tue 2:05pm 

Stocks are mixed as banks move higher and oil prices slump
NEW YORK (AP) — U.S. stocks are mixed Monday morning as banks rise along with interest rates but energy companies sink along with the price of oil. Stocks finished at five-month highs last week as investors remained optimistic about... 
© 2018 NZ Herald Tue 2:55am 

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Shaky results from Wells Fargo and other banks hit US stocks
NEW YORK (AP) — U.S. stock indexes are slightly lower Friday morning as investors aren't finding much to get excited about in second-quarter reports from big banks like JPMorgan and Wells Fargo. AT&T stock is falling after the Department... 
© 2018 NZ Herald Sat 2:55am 

ECB says bad loans still 'far too high' at eurozone banks
FRANKFURT, Germany (AP) — The European Central Bank says it's taking further steps to address the problem of bad loans burdening bank finances.Soured loans have hindered economic growth and complicated debate on how to strengthen... 
© 2018 NZ Herald Thu, 12 Jul 4:55am 

Banks come through financial stress testing
The main retail trading banks received a pass mark after coming through tests to assess how they would cope with a major economic downturn. 
© 2018 RadioNZ Wed, 11 Jul 4:15pm 

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