Departures and moves at Westpac and ANZ
Westpac has announced that its long-serving joint head of debt securities and syndicate, Peter Bloomfield, has retired with Simon Ling, formerly Bloomfield’s co-joint head, assuming sole control of the bank’s vanilla and hybrid origination business.
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GPS120 victory close as APRA includes Roos
The long-running saga over Australian Prudential Regulation Authority (APRA)’s GPS120 framework for general insurers looks close to a resolution beneficial to the Kangaroo market. The latest draft of the standard – released for consultation by APRA on December 19 – includes Kangaroo bonds as Australian assets for the first time.
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