Westpac set to tap RMBS with non-LMI pool

Westpac is making the first securitisation deal by a major bank in 2011 - and its first since December 2009 - with a small A$435 million RMBS deal that will not be reliant on mortgage insurance. read more

Vanadium shines in offshore debt market

The week past finally saw some serious placement of own-name debt by corporates, with two in the overseas markets and one locally. This was even as the flurry of activity around Kangaroo bonds conti.. read more

ASB fattens margin in first half

Commonwealth Bank's New Zealand operations generated big profits in the first half of the financial year, thanks to a sharp, 28 basis-point rise in net interest margins, which increased to 1.92 per.. read more

New CFO for BT

Richard Jamieson will move from chief financial officer of Westpac's bank in New Zealand to the CFO role at BT in Sydney in a month or so. read more

NZ bank hopeful lists on stock exchange

Building Society Holdings listed on the New Zealand stock exchange yesterday. The listing allows investors to participate in the shares of what could later become the only listed local bank. read more

Stability Fund makes A$ debut

The past week was a quiet one in a holiday-shortened week in Australia as much of the focus in the early part of the week was on the inaugural bond issue from the European Financial Stability Fund,.. read more