It's swings and round abouts today

Wednesday, June 15th 2016, 6:00AM

The Co-Operative Bank has cut 16 points off its three-year fixed home loan rate today, but added four to its two-year rate. While it's not a trend, it is worth noting Westpac made similar moves earlier this week.

Meanwhile, SBS has snared an ASB executive to take over as its chief executive after Wayne Smith died earlier this year. Find out who got the job here.

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