Articles tagged with 'TSB'
28 August 2024 - TSB has copped a $2.47 million penalty for historic breaches of the Credit Contracts and Consumer Finance Act (CCCFA).
6 November 2023 - TSB's new boss comes from a health insurer.
8 August 2023 - TSB is closing seven of its branches, a third of its branches throughout New Zealand, citing the move by customers to transacting online. [READ ON]
Betashares...
8 August 2023 - TSB Bank is closing seven of its branches, a third of its branches throughout New Zealand, citing the move by customers to transacting online.
27 June 2023 - TSB Bank has appointed chief financial officer Gordon Davidson as acting chief executive from July 28 when current CEO Donna Cooper departs.
16 September 2022 - TSB has launched a limited time one-year fixed home loan rate of 4.69%. [Latest Mortgage Rates]
Not only is this a competitive rate in the market, but...
25 July 2022 - TSB ups the ante in the one-year rate term.
29 October 2021 - TSB appears to have sidestepped any legal pitfalls in its so-called 'rate beat’ offer on home loans.
15 September 2021 - Mortgage rates have hit their low point in this cycle and the next move is up despite the latest Covid outbreak, say ASB economists.
31 August 2021 - The High Court at Wellington has fined TSB Bank Ltd $3.5 million after the bank admitted to four breaches of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (AML/CFT Act).
27 May 2021 - The Reserve Bank of New Zealand has filed a statement of claim in the High Court against TSB Bank Limited for acknowledged breaches of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009.
26 February 2021 - TSB Bank is set to slash adviser accreditations at group and company level ahead of the new licensing regime: [READ ON]
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26 February 2021 - TSB Bank is set to slash broker accreditations at group and company level ahead of the new licensing regime.
3 July 2020 - This morning TSB has made some significant cuts to its home loan lineup. Its 18 month special falls by 30 basis points, and its six-month home loan drops...
5 June 2020 - Two ex-Southern Cross Partners executives have launched a new business to help advisers secure non-bank loans for clients: [READ ON]
TSB has slashed...
29 May 2020 - TSB has revived its home loan price-match offer, vowing to offer rates in line with the big-four banks.
11 May 2020 - TSB has slashed its one year special rate to 2.89% and ANZ has cut its one year special to 2.99%, as rates continue to fall.
26 March 2020 - TSB is the latest bank to slash fixed rates after the Reserve Bank's emergency OCR cut last week, cutting its one year rate to 3.09%
17 March 2020 - Most borrowers are yet to benefit from the Reserve Bank's OCR cut, but banks say they are weighing up cuts to fixed rate mortgages.
16 March 2020 - Major banks have passed on rate cuts of 0.75% to floating rate borrowers following the Reserve Bank's emergency rate decision.
10 January 2020 - TSB and The Co-operative are among the lenders yet to decide how they will work with financial advice provider licence holders under the new regulatory regime.
20 December 2019 - TSB has come out with some rate changes this morning. Its 1 year special falls by 16 basis points, but its 2 year special jumps by 10 basis points. Check...
2 December 2019 - Lenders continue to cut mortgage rates as the property market heads into the summer, despite the Reserve Bank's decision to keep the official cash rate on hold.
1 July 2019 - Some rate cuts to report this morning. Over the weekend SBS Bank cut its two-year special, and this morning, TSB has cut its two-year products. See how...
17 June 2019 - TSB has cut 20 basis points from its 18-month special home loan rate. Find out how the new offer stacks up against the market: [READ ON].
Real estate...
8 June 2019 - Only 27% of New Zealanders view their bank as a place to get good financial advice, according to new survey from price comparison site Canstar.
7 June 2019 - TBS Bank believes more customers "want to choose an NZ-owned bank" after it recorded home lending growth of 2.9% in the three months to March.
7 June 2019 - TSB has made some cuts to its 1 year and 3 year mortgage rates, as prices continue to drop across the market. Take a look at one year rates under 4% on...
23 May 2019 - Four smaller banks have warned that the Reserve Bank's new capital proposals could inadvertently widen the competitive gap between them and the big four.
18 March 2019 - Kiwibank and TSB have upped the ante in the 2019 price war, reviving low interest rates aimed at luring prime customers from the big four.
18 February 2019 - TSB has hit the market with an aggressive price offer, promising to match any one year home loan rate offered by an "Australian-owned" lender.
17 December 2018 - Two smaller banks have followed the big four in ending their sub-4% special rates, as mortgage rates creep up to more normal levels.
9 July 2018 - TSB has appointed Donna Cooper, the former chief executive of The Warehouse Financial Service Group, as its new CEO.
4 July 2018 - TSB's new chief executive comes from The Warehouse Financial Services Group.
18 April 2018 - The two industry veterans behind Mortgage People, Carey Brunel and Glenn Christie, have launched a new online mortgage adviser and price comparison site.
6 April 2018 - Kiwi customers are happier with mortgage and credit card products from domestic banks, a new survey from Consumer NZ has found.
26 March 2018 - New Zealand’s small banks increased their lending at higher growth rates than the major banks in the three months to December, according to a new report from KPMG.
14 December 2017 - TSB Bank will repay about 2,800 customers who were inadvertently overcharged for terminating their fixed-term lending agreements.
8 November 2017 - It's domino effect time with TSB Chief Executive Officer Kevin Murphy announcing that he will retire in January.
31 October 2017 - Bruce McLachlan has recently taken over as the Chief Executive of Fisher Funds Management, coming into the role from the Co-Operative Bank.
2 October 2017 - TSB has unveiled a new brand and corporate logo which no longer includes the word bank to simply become TSB. Also, gone is Mt Taranaki. It has been removed...
24 July 2017 - A familiar face for advisers has been named among the country's richest people.
12 June 2017 - TSB Bank has seen its annual profit fall 25%. Here's our story on what is happening at the bank.
Also today it has increased its floating and revolving...
11 June 2017 - TSB Bank has revealed it has lent $50 million in peer-to-peer loans via Harmoney.
11 June 2017 - TSB Bank's annual profit fell by 25% in the 12 months to March 31. The company increases mobile mortgage managers and the use of mortgage advisers as it tries to grow its share of business in the "golden triangle” area of Auckland, Hamilton and Tauranga.
24 April 2017 - It seems that locally owned banks rule the roost when it comes to customer satisfaction, with three New Zealand banks taking out the top awards in Consumer NZ’s latest awards.
15 February 2017 - Declining sales activity and increasing housing stock are not just an Auckland story [READ ON]
TSB makes four minor changes to its rates.
...
10 February 2017 - Advisers may find it a lot tougher to get their clients cash back this year as banks clamp down on sweeteners.
7 December 2016 - The Reserve Bank has given TSB a formal warning over its AML obligations.
"The Reserve Bank has reasonable grounds to believe that between 30 June 2013...
20 October 2015 - TSB has almost doubled its stake in Fisher Funds.
When Fisher bought TOWER's investment business in 2013, TSB became a shareholder with a 26% equity interest...
29 June 2015 - New in the table today are changes to TSB's home loan rates. It joins the growing number of lenders with a two-year fixed rate below the five percent mark...
7 February 2015 - New 10-year fixed rates are being hailed as good news for property investors.
6 February 2015 - TSB Bank has taken a new position in the home loan market which is not just based on price.
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