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Unique: Halifax Funding Companies Has Gone Bust

Based on a supply with information of the matter, Halifax Funding Companies, an Australian funding administration firm, has gone into administration,

Investigation

Finance Magnates checked the corporate’s web site, and found that it’s offline:

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Supply: halifax.com.au

Finance Magnates phoned the supplied quantity and acquired no reply. We’ve despatched an e-mail requesting remark, however no reply was forthcoming as of press time.

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The web site of the Australian Securities and Investments Fee, that nation’s monetary watchdog, confirms that the agency is in into exterior administration:

Supply: ASIC

Based on Ferrier Hodgson, a “dependent monetary advisory and restructuring supplier”, directors have been appointed to Halifax Funding Companies on the 23rd of November. These directors are named as Morgan Kelly, Stewart McCallum, and Phil Quinlan, all companions of mentioned agency.

About Halifax

Sydney-based Halifax Funding Companies is a subsidiary of Lloyds Banking Group. Its CEO is one Andrew Baxter. Based on his LinkedIn profile, Baxter can be the CEO of two different entities – Australian Funding Training, which gives buying and selling programs, and Grange Capital Administration, a “Boutique Funding Supervisor” which doesn’t seem to have a web site.

In 2013, the American Commodity Futures Buying and selling Fee sued Halifax for illegally soliciting folks within the US. The corporate eliminated the US as an choice on the positioning shortly afterwards.

Supply: cftc.gov


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