Nationwide

Auckland

Clegg and Co directors face charges; BNZ says tax bill won't impact on any debt or equity obligations; Downer's Works Bond fully subscribed; St Laurence resets rates; Deutsche Bank starts buying back callable bonds.

ETITO to write assessment system for advisers; Failed finance company directors facing charges; BNZ tax ruling won't affect payments; Half of Kiwis could survive one month on savings; Govt looking into deferred payment plans for finance companies; Hamilton Lane wins NZ Super private equity spot

Southern Cross Medical Care Society has promoted Lars Bojsen-Moller to the role of chief operating officer, marketing and distribution.

The Professional Advisers Association (PAA) has appointed former head of the Retirement Villages Association, Edward Richards, as its new chief executive.

Perpetual Trust has appointed three new staff in the Auckland and Northland regions.

Auckland

Wellington

Strategic Finance, which has a moratorium on payments to investors, said its loss widened in the 12 months through June as property values fell, more borrowers defaulted and prior-ranking lenders took action to recover loans over properties subject to SFL mortgages.

Christchurch