News | Business
26 Apr 2024 10:05
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
    •    News
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

    •
      Home > News > Business

    ANZ disagrees with Financial Market Authority report

    ANZ says it disagrees with the findings of a Financial Market Authority report


    The FMA has ruled the bank should have disclosed the sale of an Auckland property, to the wife of former CEO, David Hisco.

    Hisco's family lived at the the St Heliers Bay Road property, which an ANZ subsidiary bought in 2011, and on sold in 2017.

    The FMA says the sale should have been disclosed as a related party transaction in its financial statements.

    But an ANZ spokesperson says an external auditor reached a different conclusion.

    It says it considers the transaction not to be material information.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     26 Apr: The cruise-ship season success is being celebrated -- but there's concern next season could hit an iceberg
     25 Apr: Cheaper citrus fruit may be on the way for shoppers
     25 Apr: It's thought the cost-of-living crisis could bring a silver-lining to Kiwis student loans
     25 Apr: Chris Hipkins says veteran support is an area of unfinished business for him
     25 Apr: Some tourist hotspots across New Zealand will be exempt from Anzac trading laws this morning
     24 Apr: New Zealand's achieved its first trading surplus, since May last year
     24 Apr: A new role awaits versatile Crusaders back David Havili ahead of his injury return in Friday's home clash against the Rebels in Christchurch
     Top Stories

    RUGBY RUGBY
    The Miami Heat's caused a boilover in the first round of the NBA playoffs...beating the top ranked Celtics 111 to 101 in Boston to level their Eastern Conference series one-all More...

    BUSINESS BUSINESS
    The cruise-ship season success is being celebrated -- but there's concern next season could hit an iceberg More...


     Today's News

    		 International:
    Harvey Weinstein has had a huge court victory, reversing a landmark #MeToo ruling. Here's why he won 9:27

     Law and Order:
    A spate of cash box thefts on Wellington buses 9:27

     Environment:
    Freight trains will again cross Ashburton's Rangitata rail bridge, thanks to temporary repairs 8:27

     Law and Order:
    A 61-year-old Porirua man's been arrested, after a car tyre slashing spree 8:17

     Cricket:
    The Black Caps' young guns have a sniff at a T20 series victory against Pakistan, after taking a 2-1 series lead following a four-run game-four win 8:07

     Rugby League:
    Warriors coach Andrew Webster is walking towards the challenge of getting his team out of their current slump 7:57

     Basketball:
    The Wellington Saints have moved to the top of the National Basketball League with a 111-104 win over Hawke's Bay at TSB Arena 7:47

     Business:
    The cruise-ship season success is being celebrated -- but there's concern next season could hit an iceberg 7:37

     Rugby League:
    Warriors captain Tohu Harris believes they've strayed from the basics 7:37

     Tennis:
    Rafael Nadal has dominated American teenage wildcard Darwin Blanch in the opening round of the ATP's Madrid Open, for just his second win since January 7:27

     News Search




    Power Search

    © 2024 New Zealand City Ltd