International banks to fight over ANZ and Westpac power trading experts

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Increased liquidity in the Australian power market is attracting international investment banks to the region, but participants from abroad will need to snap up the limited local expertise available, say analysts.

Deutsche Bank announced last week that it had poached two power traders from Australian bank ANZ to launch power trading operations in the region. Managing director Christophe Renaud and vice-president Matthew Jones will run the power trading operations as part of the bank's global com