- McLean, chief executive of Westpac New Zealand and chairman of the New Zealand Bankers’ Association, welcomed the recommendations and called them “fair enough”. It is a good wake up call.
- “The report represents an opportunity for the New Zealand banking industry to retain the confidence of our customers and ensure a solid foundation for banking in future.”
- New Zealand Bankers’ Association acting chief executive Antony Buick-Constable said it represented an “opportunity” to retain the confidence of customers.
- The New Zealand Bankers Association has welcomed the report and says it is pleased the review found no evidence of widespread misconduct and culture issues.
- “We fully accept we have work to do in many areas to ensure we continue to do the right thing by our customers,” NZBA acting chief executive Antony Buick-Constable said.
- The New Zealand Bankers’ Association acknowledges a major report into bank conduct and culture released by the Financial Markets Authority and the Reserve Bank today, and accepts all their recommendations. “We are pleased the review found no evidence of widespread misconduct and culture issues across the industry here,” says New Zealand Bankers’ Association acting chief... Read more »
- Industry lobby group NZ Bankers Association did a comparison in 2015 which showed the big banks are squarely in the middle of the pack compared with other listed companies.
