ASB bank has rejected an offer to settle a class action law suit for historic breaches of credit disclosure laws. The offer on behalf of more than 150,000 customers of the ASB and ANZ was to ...

ASB has declined a proposal by plaintiffs to settle the current class action case against the bank. The proposal was announced to media the day before the Select Committee hearings on the CCCFA ...

New Zealand-based ASB Bank, owned by the Commonwealth Bank of Australia, has participated in an NZ$2.67 million (~US$1.7 million) seed funding round for trade finance blockchain startup ...

Cash profit, which excludes one-time items that don't reflect the underlying business, rose to $699 million in the12 months ended June 30, the company said in a statement. The bank's wealth and ...