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Yellow Pages put up for sale by nervous banks
Yellow Pages Group, which owes its lenders about NZ$1.72bn, looks set to be put on the block for sale by its nervous banks.
Oz to ban commission fees for advisers
Australia is to ban financial advisers from accepting commission payments on products they sell.
Goldman Sachs emails reveal meltdown strategy
Goldman Sachs has lifted the veil of secrecy surrounding its multibillion dollar trading in the mortgage market at the height of the credit crisis.
Back to finance school
Virtually every financial adviser in the country will be back at school in the next few months studying for a qualification in order to stay in business.
Feltex 'failed' by its accountants, court told
Feltex was failed by its accountancy firm Ernst & Young, the Auckland District Court was told today.
Finance industry scores well
More than three-quarters of employees in the finance and accounting sectors say their organisation qualified as a good employer
ANZ face 'significant' loss on Provenco-Cadmus
ANZ National can expect a 'significant shortfall' on the $26 million it's owed by ProvencoCadmus.
House mortgage market drying up
The number of people who received mortgages in the first quarter of this year was 30 per cent down on 2009.
Sth Canty release new prospectus
South Canterbury Finance has got "back in the market" with a new prospectus today.
Sth Canty $191m in the red, but still optimistic
South Canterbury Finance's loss has reached $191 million for its half-year.
Taxman caught short
Inland Revenue Department applications to liquidate troubled companies plummeted to almost zero at one point last year.
Petricevic in line to face $1m fraud case
The Serious Fraud Office is investigating claims that Bridgecorp boss Rod Petricevic used investors' money to pay $1m to a company run by a woman he was in a relationship with.
KiwiSaver: What the fund fees are costing you
The popularity of the KiwiSaver scheme means that operators are doing well out of clients.