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MONTREAL - National Bank Financial Group (TSX:NA) says it has no reason to believe it could become the object of a hostile takeover, a scenario dismissed by the bank boss Wednesday as "finance fiction."

Debt Consolidation

Finance director boosted his pay by $151K (The Daily Times)

LAUREL -- Former Laurel schools Finance Director William Hitch Jr. paid himself $151,322 more than he was entitled to, according to a state audit that also documents other financial issues in the district.

South Canterbury Finance gets new equity from Torchlight (New Zealand's National Business Review)

South Canterbury Finance is getting $22 million of new equity from Torchlight Fund No. 1 LP, a company associated with Pyne Gould Corp. This takes the amount of money injected into the finance company since December to more than $200m. Allan Hubbard's Southbury Corp continues to own 100 percent of South Canterbury Finance and the Timaru-based businessman is welcoming the investment by Torchlight ...