Australia
-
CIMB Group has reinstated Nazir Razak as chairman following a month-long review triggered by several money transfers involving his personal bank account. -
There is a growing likelihood that the Reserve Bank of Australia (RBA) will decide to cut interest rates at its July meeting, due to weak wage growth and a declining inflation outlook, said some analysts this week. But options markets are not yet priced for a change.
-
There is a growing likelihood that the Reserve Bank of Australia will decide to cut interest rates at its July meeting due to weak wage growth and a declining inflation outlook, but options markets are not yet priced for a change.
-
ANZ has appointed Shayne Collins as a managing director of its markets business, the Australian lender announced on Monday.
-
-
Singapore’s army of private bank accounts were spoilt for choice this week with a triple-whammy of bank capital transactions that suited them perfectly — an additional tier one from United Overseas Bank and tier two offerings from Société Générale and National Australia Bank.
-
UBS has appointed Damien Brosnan and Peihao Huang to the newly created positions of co-heads of ECM solutions for Asia, effective from last Friday.
-
Goldman Sachs’ head of Australian equities will be leaving after more than a decade with the bank to pursue other ventures.
-
National Australia Bank extended its curve with a dual-tranche offering on Tuesday, as Aussie banks return to the market following Westpac’s dollar effort.
-
TriOptima, the over-the-counter post trade service provider, has teamed up with the Depository Trust & Clearing Corporation on reconciling data reported by Australian, Hong Kong and Singapore firms to the DTCC’s Global Trade Repository.
-
Citi returned to the Australian dollar market on Wednesday, raising a A$750m five year dual-tranche Kangaroo that will contribute to the bank's total loss-absorbing capacity (TLAC) requirements.
-
Citi launched a five year Kangaroo bond on Tuesday, tapping into a recent bid from Asian investors itching for yield.
