Briefs: Investec in ABS, CBA prices hybrid and Deutsche expands in Asia 13 September 2012 5:12PM Briefs, Investec Bank (Australia) has launched an issue of asset-backed securities, aiming to raise A$232.5 million. Impala Trust No 1 - Sub Series 2012-1 is backed by a pool of auto, equipment, fixtures and fittings, and medical practice loan receivables. Investec's professional finance division focuses on the specialist health services industry finance business, and the assets in the pool are drawn from that business. Commonwealth Bank has completed the bookbuild for its latest hybrid offer, PERLS VI. The bank has allocated A$1.5 billion on a firm basis, under the broker firm offer, and will pay a margin of 380 basis points. PERLS VI will the first tier-one hybrid issued by an Australian bank that is compliant with Basel III. Deutsche Bank told an investor briefing that it plans to grow its geographic footprint in Germany, the Americas and Asia Pacific, but would scale back in Europe. In Asia, it said, we will "deepen our focus on India, China, Korea and ASEAN." Westpac has appointed former National Australia Bank agribusiness senior sales and service manager Susan Bower to be head of agribusiness for Westpac Group's Australian financial services division.