Jarden, BNZ, JBWere deal said to be a pre-Christmas mixer

Jarden, BNZ, JBWere deal said to be a pre-Christmas mixer
Advisers are probably working overtime to get a deal done. (Image: Getty)
Paul McBeth
The financial services firms said to be stitching up a supercharged wealth management firm are staying mum on reports that a potential $700 million deal will happen in the next couple of weeks. A deal first reported by the Australian’s Dataroom column in October appears to have taken things up a notch, with the News Corp-owned paper now flagging a close for the deal merging Jarden’s wealth business with National Australia Bank’s JBWere NZ business and Bank of New Zealand’s funds management arm. Jarden’s w...

More Finance

ANZ vows to fight CCCFA class action despite ASB settlement
Finance

ANZ vows to fight CCCFA class action despite ASB settlement

“ANZ NZ will continue to defend its case. Our position hasn’t changed.” 

ASB settles CCCFA class action for hefty $135.6m
Finance

ASB settles CCCFA class action for hefty $135.6m

 It ended a four-year class action centred on disclosure obligations.

Andy Macdonald 07 Oct 2025
ASB pays $135.6m to settle long-running CCCFA class action
Finance

ASB pays $135.6m to settle long-running CCCFA class action

High-street lender ASB has agreed to pay $135.6 million to settle a class action brought against it for alleged breaches of the Credit Contracts and Consumer Finance Act (CCCFA).The settlement – without admission of liability or wrongdoing – concluded four years of legal proceedi...

Staff reporters 07 Oct 2025