Australia

ANZ has named Tessa Price as the head of its Pacific Islands operations, according to a press release from the bank.

ASB Finance opened books on Tuesday for the first New Zealand covered bond in euros this year. The New Zealand market is illiquid so fair value is hard to gauge, but the new issue concession was “juicy,” said a lead.

ANZ’s chief executive officer for the Pacific Vishnu Mohan is retiring after 40 years in the banking industry, more than seven of which were with the Australian lender.

Rejecting once again the designation ‘Basel IV’ for upcoming pieces of its regulatory framework, the Basel Committee on Banking Supervision’s secretary general, William Coen, said on Tuesday that yet more needs to be done to fortify the banking sector once the remaining pieces of Basel III are finalised.

ASB, a New Zealand bank owned by Commonwealth Bank of Australia, is set to issue the first euro denominated covered bond of the year from the country, after mandating leads on Monday.

Westpac has obtained investor consent to convert five covered bonds from hard to soft bullet maturities. However, it was unable to obtain the necessary quorum to change the maturity on one dollar benchmark

The vitality of the covered bond market was in no doubt over the first quarter of 2016 as volumes reached their highest level in five years.

A quartet of SSA issuers printed Kangaroo bonds this week, helping push Kangaroo bond volume for March to a monthly level not seen in a year.

Wang Xiao Zhou, who heads up loan syndication and product portfolio management at Bank of China, is leaving for a new position with Bank of China Group Investment (BoCGI).

After a barren year of sterling bond issuance from international borrowers, a dry patch that some thought would last until the Brexit referendum in June, an Australian company finally broke the silence on Wednesday.

Deutsche Bank has appointed Jason Cox as co-head of equity capital markets for Asia Pacific, the lender's only external hire in a new management structure for the region.

Citi veteran David Ratliff has resigned as Asia Pacific head of the public sector group, according to an internal memo seen by GlobalCapital Asia.