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A service for banking industry professionals · Friday, December 13, 2024 · 768,534,734 Articles · 3+ Million Readers
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New Zealand Banking Group News Monitoring

  • Published on Dec 12, 2024

    China Vows Bigger Fiscal Spending to Boost Consumption Next Year

    (Bloomberg) -- China signaled more public borrowing and spending in 2025 with a shift of policy focus to consumption, stepping up stimulus to recharge growth ahead of looming US tariffs. Most Read from Bloomberg Top officials led by President Xi Jinping …

    Source: Yahoo Finance - Label Pending
  • Published on Dec 12, 2024

    First films announced for Fraud Film Festival

    Press Release – 818 “Cinema is the most beautiful fraud in the world.” – Jean-Luc Godard The 2025 Fraud Film Festival has announced the first films playing at the Festival, taking place over two days at the Roxy Cinema in Wellington on March 17 and 18. ( …

    Source: Scoop - Wellington - Uncategorized
  • Published on Dec 12, 2024

    First Films Announced For The 2025 Fraud Film Festival

    Thursday, 12 December 2024, 4:50 pm Press Release: 818. “Cinema is the most beautiful fraud in the world.” – Jean-Luc Godard Today the 2025 Fraud Film Festival announced the first films playing at the Festival, taking place over two days at the Roxy Cinema …

    Source: Scoop - Uncategorized
  • Published on Dec 12, 2024

    No new lending for petrol stations will impact rural communities the most

    Photo: AFP or licensors New Zealand fuel retailer Waitomo says the writing is on the wall as banks move to wind up new lending to petrol stations. On Wednesday, BNZ acknowledged it was pulling back from lending to some petrol stations. In a statement to …

    Source: RNZ - Public Broadcaster
  • Published on Dec 11, 2024

    Yuan Slides on Report China Considering Weaker Currency in 2025

    (Bloomberg) -- China’s yuan slid the most in a week on a report that Beijing is considering allowing the currency weaken next year in response to the threat of a trade war with the US. Most Read from Bloomberg The offshore yuan dropped as much as 0.5% to 7 …

    Source: Yahoo Finance - Label Pending
  • Published on Dec 11, 2024

    ANZ appoints Nuno Matos as next CEO

    The board of ANZ Group has appointed Nuno Matos will become chief executive officer (CEO). Matos will relocate from Hong Kong to Melbournce and on July 3, 2025, succeeding Shayne Elliott who is retiring from ANZ after nine years in the role, according to a …

    Source: FinanceAsia - Label Pending
  • Published on Dec 10, 2024

    New India Central Banker Warned of Killing ‘Golden Goose’

    (Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. Most Read from Bloomberg India’s new central bank head is a detail-oriented bureaucrat known for …

    Source: Yahoo Finance - Label Pending
  • Published on Dec 9, 2024

    ANZ Appoints Former HSBC Figure As New Chief Executive

    The new CEO, who will take the helm at the start of July next year, will be succeeding a figure whose nine-year tenure coincided with significant changes in Australia's banking sector. ANZ has appointed a new CEO, Nuno Matos (pictured), who is …

    Source: Wealth Briefing - Neutral
  • Published on Dec 9, 2024

    New Zealand to Invest $290M in State-Owned Kiwibank to Challenge Big Four Banks

    This initiative will enable the New Zealand-owned bank to compete more vigorously against the four Australian-owned banks. The New Zealand government plans to pursue a capital investment of up to NZ$500 million ($290 million) for its state-owned bank, …

    Source: The Global Economics - Neutral
  • Published on Dec 9, 2024

    Gold Climbs, Silver Jumps on China Stimulus, Syria Chaos

    GOLD ROSE and silver prices jumped on Monday as the US Dollar fell despite geopolitical risks intensifying from Syria to South Korea, while Beijing announced its strongest monetary stimulus since 2011 and China's central bank resumed gold purchases …

    Source: Bullionvault.com - Neutral
  • Published on Dec 9, 2024

    US Listed Chinese Stocks Jump On China's Stimulus Measures, Looser Monetary Policy Assurances

    On Monday, U.S.-listed Chinese stocks like Alibaba Group Holding. (NYSE: BABA), JD.com, Inc. (NASDAQ: JD), Baidu, Inc. (NASDAQ: BIDU), NIO Inc. (NYSE: NIO), Li Auto Inc. (NASDAQ: LI), and XPeng Inc. (NYSE: XPEV) maintained their upward trajectory ahead of …

    Source: Benzinga - Neutral
  • Published on Dec 9, 2024

    China Signals Bolder Stimulus for Next Year as Trump Returns

    (Bloomberg) -- China’s top leaders plan to loosen monetary policy and expand fiscal spending in 2025, as Beijing braces for a trade war when Donald Trump takes office. Most Read from Bloomberg The 24-man Politburo led by President Xi Jinping announced it …

    Source: Yahoo Finance - Label Pending
  • Published on Dec 9, 2024

    Former HSBC Banker Joins ANZ as CEO

    Australian banking giant ANZ has hired a former HSBC executive as its new CEO, succeeding Shayne Elliott. ANZ has appointed Nuno Matos as chief executive officer, according to a statement, effective 3 July 2025. He will also join the boards of ANZ Group …

    Source: finews.asia - Label Pending
  • Published on Dec 9, 2024

    Daily NZX update, Monday, December 9, 2024

    Here are the key things you need to know about in the NZX markets over the past 24 hours. Changes are as at 3:00 pm and may change when the market closes at 4:45 pm. WHAT THE NZX50 INDEX IS DOING The NZX50 opened the week flat, maintaining its -2% drop …

    Source: interest.co.nz - Neutral
  • Published on Dec 9, 2024

    ASX Lunch Wrap: ASX starts sluggishly as iron ore, energy and ANZ take a tumble

    ASX drops after Wall Street record ANZ shares fall with new CEO appointment Energy sector, iron ore also took a hit   The ASX had a sluggish start to the week this morning, down about 0.2%, despite Wall Street hitting yet another record high. On Friday, …

    Source: Stockhead - Neutral
  • Published on Dec 8, 2024

    Nuno Matos To Succeed Shayne Elliott As ANZ CEO

    ANZ Bank The Board of ANZ Group today announced that Nuno Matos will become Chief Executive Officer on 3 July 2025, succeeding Shayne Elliott who is retiring from ANZ after nine years in the role. Mr Matos will also be appointed to the boards of ANZ Group …

    Source: The National Tribune - Center-left
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