Commerce Commission says Forsyth Barr's promotion of 'capital protected' Credit SaILS was "both misleading and deceptive"; shouldn't have been marketed to retail investors
With the sharemarket's surge tipped to continue, how will the bond market compare in 2013? And will many investors holding the NZ$108 bln of term deposits be tempted to move their money elsewhere?
Investors in subprime disaster Credit Sails, including church groups & hospices, to get back NZ$60mln from Forsyth Barr & Credit Agricole after Commerce Commission settlement
Gareth Vaughan details the curious story of Credit Agricole's deeply subordinated bond issue to Kiwi investors and how the European crisis might hit them
EU leaders agree 'fiscal compact' without UK and funds via IMF; Chinese export growth slumps; Credit Agricole downgraded on 'liquidity concerns'; NZ$250 mln of Credit Agricole bonds at risk; New Kyoto deal
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