BNZ and Westpac battled it out in the nine-month space last week as the competition for retail deposits carries on with no end in sight.

Four ASB Securities advisers elected to take redundancy offers last week during a consultation process as the company restructures its business.

New regulations for Non-Bank deposit takers; Brent King won't be back in new-look Dorchester: Baker; Genevea loses board member.

TOWER was the only insurer to have a decrease of in-force risk and group insurance premiums in the March quarter dropping by around 600 according to Investment Savings and Insurance (ISI) Association statistics.

ANZ has changed the way it runs its advisory business since the ING Diversified Yield and Regular Income funds were frozen.

Allan Hubbard’s fall from grace masks the fact South Canterbury Finance is offering the fattest government-guaranteed returns anywhere in New Zealand.

Heads should roll at the Securities Commission if the severity of its action relating to South Canterbury Finance founder Allan Hubbard proves to be unwarranted, says John Kidd, the head of research at broking firm McDouall Stuart.

Failed finance company Bridgecorp’s directors Rod Petricivic and Rob Roest pleaded not guilty to eight new fraud charges under the Crimes Act and two under the Companies Act, according to reports.