Briefs: Auswide confirms merger talks with The Capricornian, new head of audit at ANZ
Auswide Bank has confirmed a media report that it was in merger talks with The Capricornian Ltd, a Central Queensland credit union. Auswide said in a statement to the Australian Securities Exchange that the board of The Capricornian had, so far, declined to advance the proposal. "There is no certainty that any future merger will eventuate," it said. The Capricornian has assets of around A$280 million. ANZ has appointed Kevin Corbally as group general manager internal audit. Corbally has worked at ANZ since 2009 and is currently managing director credit and capital management. He has held executive positions at Citigroup and Deutsche Bank. He succeeds Michael Liarakos, who has been appointed chief compliance officer.