Wellington, Sept 2 NZPA - Wealthy investors pulling money out of South Canterbury Finance (SCF) to get below new limits for the Government's deposit guarantee scheme appear to have compounded the woes of the Timaru-based finance company.

Wellington, Sept 1 NZPA - The focus turned today to who will buy the assets of South Canterbury Finance and the unintended consequences of the Retail Deposit Guarantee Scheme.

Wellington, July 8 NZPA - South Canterbury Finance has named a former Rabobank executive to run its so-called "good bank" and says it is continuing to talk with investors about a recapitalisation.

Wellington, June 21 NZPA - Allan Hubbard, who was placed into statutory management yesterday, has shied away from publicity throughout his long life but is thought to be the South Island's wealthiest man.

Wellington, May 21 NZPA - South Canterbury Finance says breaking even in the last quarter is a turnaround for the company after it lost nearly $200 million in the previous six months.

By Pam Graham of NZPA Wellington, April 22 NZPA - South Canterbury Finance is a one-year gig for change manager Sandy Maier who is not ruling anything in or out as he works to restore confidence in a finance company he admits could have collapsed.

Wellington, March 1 NZPA - Timaru-based businessman Allan Hubbard is strengthening South Canterbury Finance by putting his family company's shareholdings in Helicopter (NZ) Ltd and Scales Corp Ltd into the lender.

Wellington, Jan 11 NZPA - A public listing of the extensive South Island business interests of Timaru-based businessman Allan Hubbard is among the options being considered as a follow up to a successful private placement of convertible notes announced today that raised $27.5 million.