Hybrid listings perform poorly

The performance of recent hybrid issues since they listed on the Australian Securities Exchange has been poor, with the prices of some securities falling below their issue prices. read more

BOQ upsizes ABS

Bank of Queensland completed an issue of asset-backed securities yesterday, increasing the size of the issue from A$500 million to $700 million. read more

Investec clears the decks

Investec Bank Australia suffered a A$71.6 million loss in the year to March 2012, after clearing out the bulk of its property development book. read more