Appearing before a select committee yesterday, the Reserve Bank of New Zealand executive team said the regulator was short 15 staff in its team that undertakes banking regulation. read more
Insurance, funds and super (178 items)
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Brief: CBA medical privacy breach probed, Credit union culls brands, Westpac ordered to reinstate banker
As CBA prepared in July for the sale of its insurance arm, CommInsure, it discovered a potential privacy breach that may have given bank staff access to customers’ sensitive medical data. read more
New Zealand’s Financial Markets Authority is warning KiwiSaver investors not to assume any correlation between funds which charge high fees and those that give good returns. read more
Asking the right questions but rarely answering them, Kenneth Hayne's interim report for his royal commission is a blend of populist scorn for, mixed with a sturdy defence of, a rattled banking industry. read more
In the shadows of the expected publication by Commissioner Kenneth Hayne of his interim report on misconduct in the banking, superannuation and financial services industries a class action has been launched by major litigation law firm Slater and Gordon. read more