Banking

"Wouldn’t it be better if all of that could be palmed off on to third parties, to leave the banks doing what they are really good at, which is peddling debt."

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Patricia Courtney

CBL Insurance Ltd placed into interim liquidation

RBNZ action sees High Court place CBL Insurance into interim liquidation; Order sparks withdrawal of parent company's issuer credit rating

24th Feb 18, 7:55pm

by Jenée Tibshraeny

RBNZ action sees High Court place CBL Insurance into interim liquidation; Order sparks withdrawal of parent company's issuer credit rating

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