Latest from Banking and finance

Hotchin fights for his assets
Former Hanover boss Mark Hotchin is in an unprecedented legal fight over his personal assets.

Same house - new name, new address
Mark Hotchin's name is no longer on the title of the $30 million Paritai Drive house which has been a lightning rod for out-of-pocket investors.

Capital + Merchant directors arrested, charged by SFO
The Serious Fraud Office has laid charges against two directors of collapsed finance company Capital + Merchant.

Pike River chairman: Company insured for $100m
As the West Coast struggles with the emotional cost of the Pike River tragedy, chairman John Dow has reassured the community there is still a future for the mine and the company.

Finance company accountant gets 18-months jail
John Gray, the former accountant for collapsed finance company National Finance 2000 has been sentenced to 18 months prison for theft and false accounting. He was granted bail while he appeals his sentence.

Euro fears weigh on Aussie stocks
The Australian share market closed steady yesterday after regaining early losses as investors bought into stocks weakened by concerns about European sovereign debt and tensions on the Korean peninsula.

Oz shares catch ride on rail float
The Australian stock market closed higher on a day when trade was dominated by the public float of Queensland freight railways, QR National.