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Latest from Banking and finance
Versalko sex worker 'entitled to the money'
A sex worker paid more over $2.4m by ASB fraudster Stephen Versalko is entitled to the money, a prostitutes' lobby group claims.
Hobbs earned big rewards in helping run failed Strategic
Former All Black captain Jock Hobbs earned big rewards for his part in running the now-failed financier Strategic.
Strategic Finance goes into receivership
Strategic Finance, the finance company that includes former All Black captain Jock Hobbs among its directors, owes $417 million to 13,000 investors.
$15m missing, say finance firm investigators
At least $15 million is now believed to be missing from an Auckland financial advisory firm, according to investigators probing the collapse of the company.