Finance Companies

14 Oct 17, 7:24am
The ANZ's not wanting to answer questions about its now protracted sales process for UDC Finance - but it will have to soon
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10 Oct 17, 11:29am
David Hargreaves suggests the Australian masters of the ANZ may not have done the venerable New Zealand finance company UDC any favours by snatching at the highest price available for selling it
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5 Oct 17, 4:09pm
Nearly 9 months after the sale was announced, the seller ANZ and would-be buyer HNA say there are still 'steps and processes' to work through in completing UDC Finance acquisition
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12 Sep 17, 12:52pm
Warehouse financial services acquisition to take SBS Bank into credit cards and beef up its fast growing subsidiary Finance Now
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11 Aug 17, 9:32am
Consumer credit contract providers celebrate successfully lobbying the Government to exempt them from new financial advice regulation 
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25 Jul 17, 10:04am
SBS Bank's fast growing finance company Finance Now pushes into the credit card market with Warehouse acquisition
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29 May 17, 5:02pm
UDC Finance depositors offered financial incentive to vote at key meeting ahead of proposed sale of the finance company to HNA Group by ANZ
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26 May 17, 5:02am
TIP Trailer Services boss Bob Fast on the plans for NZ's biggest finance company UDC under new, Chinese ownership
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28 Mar 17, 5:02am
Gareth Vaughan questions whether ANZ's gift horse HNA Group will be good for UDC Finance, its staff, borrowers, depositors, and the NZ financial services sector as a whole
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23 Jan 17, 11:35am
What happened while this newsletter has been away: UDC sold, mortgage rates hiked, bank executive appointments, property market cools & more
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15 Dec 16, 4:31pm
Vehicle financing growth a key feature of KPMG's annual non-bank financial institution performance survey as P2P's sustainability is questioned
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14 Dec 16, 4:31pm
'Flexi Cards' to fully replace Fisher & Paykel Finance name within about 12 months following takeover by Australia's FlexiGroup
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28 Nov 16, 2:03pm
ANZ in this country is not commenting on seemingly informed speculation its finance arm is about to be sold to Chinese conglomerate HNA Group
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4 Nov 16, 10:58am
Despite the potential sale of ANZ's wealth business in Australia, ANZ NZ CEO says local wealth unit is 'travelling well' & there's no urgency for change
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25 Oct 16, 2:31pm
S&P downgrades UDC's credit rating by 3 notches saying parent ANZ may sell NZ's biggest finance company within a year
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27 Sep 16, 2:51pm
Commerce Commission flags concerns over spike in finance company complaints despite new consumer credit laws being introduced
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15 Sep 16, 2:12pm
Motor Trade Finance borrows $220 mln through medium-term notes issue secured by loans for (mostly) used cars
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23 May 16, 12:26pm
ANZ's UDC gets growth at a cost in asset finance market shaken up by GE Capital's dismemberment
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4 May 16, 10:01am
No sales process is being run for UDC, ANZ NZ CEO David Hisco says, adding 'somebody is stirring the pot'
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26 Apr 16, 4:35pm
ANZ would now find it hard to convince the market place it is a future long term owner of the UDC Finance business, says David Hargreaves
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