Westpac set to tap RMBS with non-LMI pool 16 February 2011 5:48PM Westpac is making the first securitisation deal by a major bank in 2011 - and its first since December 2009 - with a small A$435 million RMBS deal that will not be reliant on mortgage insurance. read more
Vanadium shines in offshore debt market 14 February 2011 5:46PM The week past finally saw some serious placement of own-name debt by corporates, with two in the overseas markets and one locally. This was even as the flurry of activity around Kangaroo bonds conti.. read more
ANZ scraps overlapping NZ management 10 February 2011 5:15PM Seven years after acquiring National Bank of New Zealand, ANZ is taking steps to introduce a simpler management structure. read more
ASB fattens margin in first half 10 February 2011 5:04PM Commonwealth Bank's New Zealand operations generated big profits in the first half of the financial year, thanks to a sharp, 28 basis-point rise in net interest margins, which increased to 1.92 per.. read more
Kangaroos dominated debt capital markets last week 07 February 2011 5:32PM It was another quiet week for debt issuances from Australian companies, but the stream of Kangaroo issues continued, mainly from supranationals. read more
New CFO for BT 04 February 2011 4:50PM Richard Jamieson will move from chief financial officer of Westpac's bank in New Zealand to the CFO role at BT in Sydney in a month or so. read more
NZ bank hopeful lists on stock exchange 02 February 2011 5:42PM Building Society Holdings listed on the New Zealand stock exchange yesterday. The listing allows investors to participate in the shares of what could later become the only listed local bank. read more
Tax indexation main step towards boosting NZ savings 02 February 2011 5:35PM A report from NZ's Savings Working Group has recommended changes to the tax system to remove serious distortions that encourage rental property investment over other investments. It also highlighted.. read more
Stability Fund makes A$ debut 31 January 2011 5:29PM 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
11 per cent prop for Westpac's covered bonds 28 January 2011 5:37PM Westpac provided a cover pool of NZ$2.7 billion of residential mortgages for its maiden covered bond issue of up to €1 billion. read more