Briefs: CUA RMBS and IIF hire Westpac exec

11 May 2012 4:05PM

Briefs,

• Credit Union Australia is undertaking an internal securitisation of A$299 million mortgage-backed bonds.The reorganisation of this pool of home loans for potential use in repurchase agreements with the RBA.
  

• The Institute of International Finance, an industry lobby group based in Washington, said it appointed Kevin Nixon as deputy managing director. Nixon at present manages regulatory policy at Westpac. From 2008 to 2010 Nixon worked as the director of markets at the Australian Financial Markets Association.