Briefs (1,283 items)

ASX-listed trans-Tasman SME lender FE Investments Group has appointed Marcus Ritchie as its new chief executive. read more

The latest Consumer NZ survey of KiwiSaver superannuation customers released this morning reveals a drop in satisfaction almost across the board – with the three big providers, AMP, ANZ and ASB, getting scores significantly below the industry average. read more

Citigroup will refund over A$3 million to 114 retail customers for losses arising out of structured product investments it offered. read more

AMP Limited has appointed Debra Hazelton to its board as a non-executive director effective 15 June 2019. read more

The shift to a focus on “wellbeing” in New Zealand government and economic policy is evident in a Reserve Bank of New Zealand background paper on its decision to recommend an increase in bank capital requirements. read more

New Zealand’s TSB Bank has suspended all advertising on social media following the Christchurch terror attack. read more

Wendy Machin, a former NSW minister, has joined the board of Heritage Bank. read more

Before releasing its proposals to force New Zealand’s banks to hold significantly more capital, the RBNZ warned the government the banks would be taken by surprise and that it should expect “intensive lobbying” from them as a result. read more

Westpac NZ has settled with author Nicky Hager and apologised for breaching his privacy by releasing his banking information to police. read more

New Zealand Treasury chief Gabriel Makhlouf has reportedly nominated himself as Treasury’s observer on the new RBNZ Monetary Policy Committee. read more

Virgin Money is making a pitch to first home buyers with a package that includes a two-year fixed rate of 3.68 per cent, an LVR up to 90 per cent, no settlement fee and a discount on LMI for loans with LVRs between 80 and 90 per cent. read more