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![Banks recover from 2009 rout but lending slow, says report](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Banks recover from 2009 rout but lending slow, says report
Lending to customers at New Zealand's banks grew by a meagre 0.7 per cent in the second half of their financial year, a new report shows.
![London banker gets 3 years jail for insider trading](/pf/resources/images/placeholders/placeholder_l.png?d=793)
London banker gets 3 years jail for insider trading
A former London banker, his wife and a friend have been sentenced in a $NZ4.5m insider trading scheme uncovered by the UK's Financial Services Authority.
![Ratings agency confirms 'heartland' bank ratings](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Ratings agency confirms 'heartland' bank ratings
The new 'heartland bank' formed by Canterbury Building Society and Souther Cross will come into being tomorrow, with an investment grade crdit rating and NZX listing expected next month.
![<i>Fran O'Sullivan:</i> Plenty of zeroes and a few heroes for 2010](/pf/resources/images/placeholders/placeholder_l.png?d=793)
<i>Fran O'Sullivan:</i> Plenty of zeroes and a few heroes for 2010
Hanover Finance shareholders Mark Hotchin and Eric Watson were the major business notables to fall from grace.
![Predatory offer targets investors](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Predatory offer targets investors
Mum-and-dad shareholders in NZ's top listed companies are the target of a predatory offer to buy shares for much less than they are worth.