A big chunk of the surviving finance company sector is unlikely to outlive the retail deposit guarantee.

Investors owed $42 million after the collapse of the Five Star Finance group of companies are looking at suing the directors.

Reserve Bank Governor Alan Bollard has issued a warning to banks about the perils of approving high-risk mortgages.

AMP's A$11 billion bid to acquire rival Axa Asia Pacific may create New Zealand's largest fund manager.

Operating conditions remain difficult for ASB in the current economic climate, the bank's Australian parent said today.

Changes the Government is making will improve the standard of the financial advice industry, Commerce Minister Simon Power says.

A Consumer NZ investigation of financial advisers has found the advice being given was "scandalously poor".

Westpac suffered a shocker of a year in New Zealand on mushrooming bad debt charges and a massive tax bill.

Only a small portion of the Government's allocated $18.4 million to help modest income-earners buy houses has been taken up.