NF Global director says he's quit, as company liquidated

NF Global director says he's quit, as company liquidated
Claude Oberto has been director of NF Global, the payments company now in liquidation.
Victoria Young
Five more international creditors emerged to support the liquidation of payments company NF Global as associate judge Roger Bell moved the firm into PwC’s control today.Associate judge Bell, faced with another $9 million in creditors’ claims, said the company was obviously insolvent and mostly addressed lawyers costs at a hearing in the high court at Auckland this morning.The person listed on Companies Office as NF Global’s sole director, Claude Oberto, came to court saying he was no longer the director of the payments company...

More Finance

Cautious lending keeps lid on default rates – Reserve Bank
Finance

Cautious lending keeps lid on default rates – Reserve Bank

Non-performing mortgages have overtaken Covid levels.

Jem Traylen 01 May 2024
'Confirmation of payee' anti-scam measure inches closer
Finance

'Confirmation of payee' anti-scam measure inches closer

Banks are getting closer to implementing anti-scam “confirmation of payee” measures.

Dileepa Fonseka 30 Apr 2024
UBS NZ returns to profit
Finance

UBS NZ returns to profit

Operating income was up 51.8%, rising from $31.9m in 2022 to $48.5m in 2023.

Murray Jones 30 Apr 2024
Matt Whineray to chair new FirstCape Group fund manager and adviser
Finance

Matt Whineray to chair new FirstCape Group fund manager and adviser

The new entity aims to scale up advice and fund management services in NZ.

Staff reporters 23 Apr 2024