Latest FromFinancial Services
EU lenders await 'stress test' bank results
Shares across Europe rose yesterday amid hopes that most of the continent's 91 top banks will pass EU-mandated 'stress tests'.
Bankruptcies falling, says Baycorp
The number of bankruptcies has fallen sharply since the introduction of the no assets procedure (NAP) last year, says Baycorp.
<i>Inside Money: </i> Why politicians are disgusted with advisers
New financial advisers rules won't stop the world turning to custard.
Money: Cheques dying a slow death
New Zealanders wrote one-third fewer cheques last year than they did six years earlier, as consumers opted for quicker payment methods.
Finance frontman Arkinstall resigns
Investment Savings and Insurance Association frontman Vance Arkinstall has resigned as he faces charges for his part in allegedly misleading investors in a failed finance firm.
'When in doubt, don't sign'
Directors should not sign financial documents if they are not confident the information they contain is accurate, a court heard yesterday.
Another Hubbard firm frozen
A ninth company associated with South Island businessman Allan Hubbard has been added to those under statutory management.
Hubbard investors won't get money back any time soon
Allan Hubbard's statutory manager has released its first report, showing investors shouldn't expect any money back any time soon.
<i>Inside Money:</i> Churn it up - a life-changing experience
Churn, in the insurance business, occurs when advisers switch their clients to different providers merely to generate a new lump of commission.
Former Rabobank executive to run South Canterbury Finance's 'good bank'
South Canterbury Finance has named a former Rabobank executive to run its so-called "good bank".