Global payments firm Klarna bought the New Zealand assets of collapsed business for $200,000.
The central bank says ‘incorrect claims’ have been made that need to be addressed.
Chief executive Catherine McGrath tells MPs Westpac is a ‘broad church’ that’s open for business.
The regulator, already suing Booster over alleged FMC Act breaches, says it is watching closely to ensure governance standards are upheld.
Australian investment adviser tasked with helping Kiwi Group Capital scale up in $500m capital play.
Super Fund now has $330m invested with the PE fund.
Swedish fintech giant Klarna bought the buy-now, pay-later company last August.
Simplicity's Sam Stubbs estimates excessive bank profits at about $5m per day.
Kirk Hope says effective regulation relies on strong feedback between regulator and industry.
Select committee inquiry hears more submissions about capital, regulation, and why Kiwibank isn't the only remedy.