National Australia Bank has lost its banking and markets divisional chief information officer, John Cox, who is moving to Australia Post to take up the role of CIO there. itnews reports that Cox will take up a position that has been vacant since July last year, when Post's CIO Andrew Walduck moved elsewhere in the organisation. Cox joined NAB in 2008, working in various IT leadership roles. HSBC Bank Australia has joined the New Payments Platform as a shareholder and participant. The bank is the first additional shareholder to join the national payment infrastructure project's 12 founding members. NPP Australia chair Paul Lahiff said in a statement that the project was on track to be operational in the second half of next year. AMP Bank yesterday mandated Commonwealth Bank, National Australia Bank and Westpac Institutional Bank for an Australian dollar senior unsecured five-year transaction. The securities are expected to be guaranteed by AMP Group Holdings Limited and to be rated A+ (stable) by S&P and A2 (stable) by Moody's . With the usual "subject to market conditions" they will be launched to insto investors "in the near future", according to one of the bankers involved. ANZ's acting managing director markets Shayne Collins has been formally appointed to the role, where he'll continue to report to group executive institutional Mark Whelan. In an announcement on the appointment yesterday, ANZ said Collins has more than 20 years' experience in markets, and had re-joined ANZ in 2006 after holding various sales, trading and risk roles at both ANZ and NAB. Collins will be responsible for growing ANZ's markets business, which provides product across foreign exchange, capital markets, interest rates, commodities and derivatives, as well as specialist research and risk management expertise. The Australian Securities and Investments Commission's 58-page statement of claim alleges traders at Westpac moved the bank bill swap rate in favour of their positions by selling stockpiled bank bills into the market to push BBSW higher than it should have been, and by buying bank bills to reduce the rate below its "natural" level, the AFR reports. The strategy chosen depended on the exposure that Westpac's treasury group had on a given day to the products whose value depended on the BBSW. Westpac is fighting the ASIC claims.