Australia

The Bank of Queensland (BOQ) has mandated joint leads to roadshow its newly set up conditional pass-through (CPT) A$3.25bn (€2.18bn) covered bond programme.

Citi has promoted Stella Choe to the position of head of corporate banking for Australia and New Zealand, succeeding Shane Taylor who is retiring from the firm, according to an internal memo seen by GlobalCapital Asia.

Goldman Sachs has poached David Hurley from Citi to take up a key role in institutional equities in Australia, according to sources close to the move.

MS, CS promotions in Oz — ABN Amro FIG hire — Natixis names new fixed income head — Pakistan returns to MSCI EM — Citi Korea boosts overseas reach with new desks

Morgan Stanley has given two senior bankers in Australia new roles as head of ECM and head of fixed income capital markets, according to an internal memo seen by GlobalCapital Asia.

ANZ has hired a new chief financial officer for Australia, poaching a senior banker from JP Morgan.

Goldman Sachs has recruited two bankers from Macquarie to run its Australian equities business, according to a memo that GlobalCapital Asia has seen.

HSBC’s former Asia Pacific leveraged and acquisition finance head Lyndon Hsu is understood to be heading to Standard Chartered to lead its levfin business.

ANZ has named Gavin Chappell as the head of loan syndications for Australia, poaching him from Westpac.

The Bank of Queensland’s (BoQ) conditional pass through (CPT) covered bond works differently from Dutch CPTs as there is a higher likelihood of prepayment.

JP Morgan’s Rob Priestley is bowing out as CEO for Australia after a 15 year stint, according to a source familiar with the matter.

Rabobank plans to roadshow its debut covered bond next week, while Banco Comercial Portugues will begin marketing a deal after an eight year absence. And after publishing an offering circular this week, Bank Queensland (BOQ) is expected to announce its first deal soon.