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finance company collapses

Speirs moves back into finance

Updated
Palmerston North's Speirs Group, which sold its finance operations to Allied Farmers in 2008, is partnering with a 'major investment bank' for a return to financing 

Bridgecorp director gets 2 years

Updated
Bridgecorp director Gary Urwin jailed for 2 years; Sentencing for Petricevic, Roest looms

Lombard Directors avoid jail

Updated
Doug Graham gets 300 hours community work, NZ$100k fine in Lombard sentencing; FMA says case highlights directors' duties

Did finco's delay info while peddling loans?

Timeliness of info flow from finance companies to trustees, and from trustees to RBNZ, questioned in deposit guarantee scheme review

FMA backed off investigating Hobbs

FMA backed off investigating Jock Hobbs after extent of cancer was made apparent

'Investor justice in the slow lane'

The FMA needs to bring long running, SecCom inherited probes into failed finance co's to speedy conclusion

FMA to get NZ$24m this year

Updated
Private sector to help fund new Financial Markets Authority's NZ$24m annual budget

Labour calls for English to resign

Updated
Labour's Cunliffe calls on Finance Minister English to resign over South Canterbury Finance handling. Your view?

Equitable Mortgages in receivership

Equitable becomes the 62nd finance company to fail, but most of its deposits are guaranteed by the Crown

'Success = less property exposure'

Simon Botherway: Measure of new regulator's success will be greater investment outside property