New Zealand may have fared relatively well during the global financial crisis, but the difficult economic climate, combined with specific market failures, has served to raise some serious questions among policy-makers, banks and the Reserve Bank of New Zealand itself.
Latest articles from Analysis & Opinion
Facebook and banking... friends at last?
September 3, 2012Is Facebook banking finally here? Commonwealth Bank of Australia and India's ICICI Bank seem to think so, and the social media site's decision to drop its credit system shows it is moving in the right direction.
Building on Asia's economic success
September 3, 2012Asia has been a bastion of growth during the global financial crisis, but there are a number of key issues that must be addressed if the region is to continue being a major contributor to global economic growth.
Putting securitisation back on the road
August 27, 2012The troubled past of some securitisation products is making the comeback of this financial tool in Europe slow and fragile, but unless a bridge can be built from the current situation to an active securitisation market, the hopes for any growth in the continent will dim dramatically. Maybe the new Prime Collateralised Securities label can be that bridge.
Moving Lebanon from stability to growth
August 27, 2012Having protected the country's economic stability throughout a period of intense economic and political turmoil, the Lebanese central bank is now tasked with boosting job creation and lowering the country's growing budget deficit.
The self-inflicted weight of financial regulation risks crushing New York's star status
August 27, 2012New York's Department for Financial Services' recent intervention in Standard Chartered's affairs in Iran were intended to show the city's might as a financial centre. However, this action may well have the opposite effect to that which was desired, and play directly into China's hands.
Gas find helps Tanzania step out of the shadows
August 1, 2012Tanzania's recent discovery of huge natural gas fields has put it firmly in the sight of foreign investors. But Benno Ndulu, its central bank governor, warns that the east African country should not become reliant on hydrocarbons. Instead, it should use them to diversify its economy.
Russian first marks WestLB’s last stand
August 1, 2012A diversified payment rights securitisation for ZAO Raiffeisenbank reopened this important source of funding in Russia for the first time since the financial crisis, but joint lead manager WestLB will not be around to manage follow-up deals.
Fidor: today's example of tomorrow's bank?
August 1, 2012Is Fidor Bank's online offering the most innovative bank concept yet?
Banking must be a risky business
July 24, 2012Regulators are keen to make the banking sector more stable and reliable, but by eliminating risk they are stripping banks of their most useful function.