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NZ banks urged to shake up retail practices

First Union wants the big four banks to follow the example of their parent banks in Australia and adopt changes recommended in a new report.

Jason Walls
Thu, 27 Apr 2017

New Zealand’s biggest banks are being urged to implement changes to their retail banking practices after their Australian-based parent companies confirmed they would adopt new recommendations on sales incentives.

But New Zealand banks, as well as their Banking Association, say changes are

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Jason Walls
Thu, 27 Apr 2017
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NZ banks urged to shake up retail practices
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