Latest from Banking and finance

National Finance boss gets six years jail
National Finance boss Allan Ludlow has been sent to jail for six years for a $3.5m fraud - after investors that included his own parents lost $21m when the finance company collapsed in 2006.

National Finance boss gets six years jail
Allan Ludlow has been sentenced to six years in jail, for his part in a $3.5m fraud.

New delay in Petricevic trial
The High Court trial of Rod Petricevic and fellow Bridgecorp directors has been delayed by another two weeks.

ANZ swoop on Vital blow for investors'
Macquarie analyst says greater cost may come in the long term.

NZ Dollar Outlook: Kiwi may keep falling
The New Zealand dollar may extend its decline this week as investors, nervous about the slow progress being made on Europe's escalating sovereign debt crisis, sell growth-linked currencies for the relative safety of the greenback.

NZ shares, dollar steady after rough week
New Zealand financial markets markets were in a holding pattern today after Europe's debt woes sparked a wave of selling around world last week.