Briefs: CBA granted RMB licence in Shanghai, ANZ appoints new head of corporate banking, former West

The China Banking Regulatory Commission has granted Commonwealth Bank a renminbi licence for its Shanghai branch. CBA said in a statement that the licence enabled it to broaden its institutional offering and incorporate all aspects of trade and investment for clients doing business between Australia and China. The bank has established an RMB solutions team to work with clients wanting to use the currency for trade or investment.
ANZ has appointed Mark Hand as managing director corporate and commercial banking in Australia. Hand has been at ANZ since 1988 and his most recent role was managing director of retail distribution in Australia. Hand will report to the chief executive for Australia Mark Whelan.
A former Westpac home finance manager, David St Pierre, has been charged with seven counts of dishonestly inducing the bank to "deliver" property worth A$2.5 million. The fraud charges, which relate to dealings between 2008 and 2013, were brought by the Australian Securities and Investments Commission. St Pierre will appear in the Southport Magistrates Court in July.
BankVic (formerly Police Credit) has opened its first new branch in 17 years. The branch is opposite Victoria Police's new offices in the Melbourne CBD. BankVic chief executive Stephen Capello said the bank would develop new services in the branch, including a concierge, iPads and PCs on the premises, in-branch Wi-Fi and private meeting rooms.