Both of the men who steered state coal miner Solid Energy to the brink of financial ruin will tomorrow face MPs questions about their oversight and management of the company.

A director of a failed finance company delayed his sentencing so he could go on holiday to Fiji over the Christmas break, says the Crown.

Two trustees have been caught up in the Financial Markets Authority's case against six former Hanover directors or promoters and are now trying to remove themselves from the proceedings.

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The Serious Fraud Office has confirmed it has laid 50 charges against failed Timaru financier Allan Hubbard, but his supporters are continuing to back the beleaguered businessman.

Australia's The Trust Company Ltd has completed its $42 million acquisition of The New Zealand Guardian Trust Co from Brisbane-based life insurer, Suncorp-Metway.

The head of a major financial industry body facing criminal charges for his part in allegedly misleading investors in a failed finance company may lose his position.

Pyne Gould Corp's security trustee has agreed to lend extra millions to Timaru-based South Canterbury Finance.