Issuing Tier 2 and senior unsecured debt will become more expensive for the top four banks in the country
Increasing trade between Asian countries provides opportunity for ANZ
Miners facing falling commodity prices and a depreciating Australian dollar
Legacy issues and the lack of alternative benchmarks mean Libor will remain the default benchmark of choice for OTC transactions
Running for covered
Getting on top of ANZ's "super regional" strategy is the chief risk officer's main focus
Two Australian banks speaking at Risk & Return Australia are critical of LCH.Clearnet for not meeting local market needs with its central clearing operation
The attractions of Singapore’s retail market means MAS’s requirement for international banks to incorporate their local operations will be adhered to
Chief risk officer Chris Page to retire after 39 years in banking. ANZ names Nigel Williams as his successor
High interest rates, a strong currency, and rapid increases in volatility amid turmoil in European and US debt markets have resulted in another challenging year for the derivatives dealers and brokers in Australia. During a period that saw foreign banks…
On the move
The asset quality and capitalisation of New Zealand banks remains strong but dependence on wholesale funding is still a risk, say credit rating agencies.
Chris Page, group head of risk management at ANZ, sees his role as ‘guardian of …
Chris Page, group head of risk management at ANZ, sees his role as “guardian of the balance sheet” as first and foremost, but is also aware that sometimes he needs to stand his ground on risk issues, as he might be the last man standing between the bank…
Widening continues on eurozone CDS spreads as Australian banks feel the pinch from the Greek debt crisis
Op risk in Australia
Australia and New Zealand Banking Group (ANZ) has made two appointments in its risk management department, who will report to the bank's chief risk officer Chris Page.
Melbourne-based Australia and New Zealand Banking Group (ANZ) has appointed Greg Wakelin as head of markets, Europe & America.
Melbourne-based Australia & New Zealand Banking Group (ANZ Bank) has announced a US$200 million loss provision due to counterparty risk exposures to troubled US monoline insurer ACA Capital.
ANZ Bank has appointed Martin Fiddaman to the new position of head of financial institutions for Europe.
ANZ Investment Bank has announced a series of new additions to its markets team in Europe and New York. The appointments follow the hiring of Bill Wulkan as head of markets, Europe and America, in May last year.
Calyon and ANZ have launched what they say are the first credit constant proportion portfolio insurance (CPPI) notes for the Australian market. They are called Credit Sail and offer 100% principal protection.
Australia and Singapore’s banking sectors are leading the Asia-Pacific region when it comes to the implementation of Basel II, according to a recent report by Standard and Poor’s. But, even banks operating in these countries face considerable challenges…