Latham & Watkins Names 44 New Partners and 39 New Counsel
/PRNewswire/ -- Latham & Watkins LLP1 is pleased to announce that 44 associates have been elected to the partnership and another 39 associates have been...
Source: prnewswire.com
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Top News In Banking Practice Today - Breaking & Trending Today
Kiwibank: 'Ongoing problems could damage reputation'
Banking Ombudsman says it's referred customers who complained back to the bank to find out their options.
Source: stuff.co.nz
Bank told to compensate customer for US$30,000 scam loss
The customer’s bank tried again, and the overseas bank asked for an indemnity if it was to return the money, against the possibility that its customer would claim against it for releasing the funds back to the New Zealand business without authority. The New Zealand bank was not willing to do this because it thought that the indemnity was too broad. It told its customer it could not help get the money back. It did not mention that the money was available but the bank wanted an indemnity first. The overseas bank contacted its New Zealand counterpart several times over the next four months...
Source: stuff.co.nz
Banks must do better in caring for vulnerable customers
OPINION: A problem gambler asked his bank to block his access to personal loans. Three months later, it gave him a credit card.
Source: stuff.co.nz
Customer gets $3k compensation for poor bank service
Concerns about how customers are dealt with the most common source of bank complaints, ombudsman says.
Source: stuff.co.nz