• Contact
  • Feedback
Banking Day
ConfidentiallySpeaking.com.au Logo
High-impact negotiation masterclass | July 9 & 16, 2025 | 5:00pm - 8:30pm
This high-impact negotiation masterclass teaches practical strategies to help you succeed in challenging negotiations.
Register Now
  • News
  • Topics
    • All Topics
    • Briefs
    • Major Banks
    • Authorised deposit-taking institutions
    • Insurance, funds and super
    • Payments, mobile & wallets
    • Consumer lending
    • Mortgages
    • Business lending
    • Finance regulation
    • Debt capital markets
    • Ratings agencies
    • Equity capital markets
    • Professional services
    • Work & career
    • Foreign news
    • Other topics
  • Free Trial
  • Subscribe
  • About us
    • About Banking Day
    • Advertise
    • Feedback
    • Contact Banking Day
  • Search
  • Login
  • My account
    • Account settings
    • User Admin
    • Logout

Login or request a free trial

Briefs: New CFO for Goldfields, new CIO for ANZ and Flexi ABS launches

14 February 2017 4:36PM
Goldfields Money has announced its new chief financial officer will be Malcolm Cowell, who was previously audit director at KPMG in Perth. He replaces Michael Verkuylen, who has resigned to take up a role as the CFO of Keystart Home Loans in Perth. ANZ has appointed Mark Rider as chief investment officer for its Wealth Australia business, effective from 10 March 2017. He joined ANZ in 2013 as head of investment strategy and asset allocation, after 16 years at UBS and ten years as an RBA economist. Rider succeeds Stewart Brentnall who is leaving ANZ for another CIO role. FlexiGroup is likely to finalise a series of asset-backed floating-rate notes, seeking to raise more than A$250 million. The collateral consists of small-balance unsecured Australian dollar consumer loans, originated and serviced by Certegy Ezi-Pay Pty Ltd, whose ultimate parent is FlexiGroup. The collateral pool consists of retail point-of-sale interest-free consumer finance loans for a wide variety of products, including solar equipment and jewellery according to a Fitch pre-sale report. At the cut-off date at 6 February 2017, the total collateral pool consisted of just over 128,000 individual consumer loan contracts totalling A$261 million. Two in five borrowers (41 per cent) are repeat Certegy customers. The arranger is Commonwealth Bank of Australia, also one of the joint lead managers, along with National Australia Bank. Pricing on the Flexi ABS Trust 2017-1 is expected to be finalised today (Wednesday 14 February). CBA has given indicative pricing of 70 to 75 basis points over the one-month bank bill swap rate for the top-rated notes, and 130 to 135 bps over 1-month BBSW for the two tranches of A2 notes.

I'm a returning subscriber

*
Password reset *
Login

Request a free trial

  • Emailing you the news at 7am.
  • Covering core lending and funding issues, strategy, payments, regulation, risk management, IT, marketing and more.
  • Original news and summaries of major stories from other media – ditch your newspaper subscriptions.
  • Focused on banking and finance, saving you the time spent wading through newspapers and other services.
  • With reporting from former editors and senior writers from the AFR and The Australian.
  • Configured for your phone, laptop and PC.
Free trial Banking Day
ConfidentiallySpeaking.com.au Logo
High-impact negotiation masterclass | July 9 & 16, 2025 | 5:00pm - 8:30pm
This high-impact negotiation masterclass teaches practical strategies to help you succeed in challenging negotiations.
Register Now

Finance regulation

  • States take up the cudgels on eConveyancing
  • Firstmac failed design and distribution rules
  • 'Minimal' bankruptcy reforms tabled by Dreyfus

Consumer lending

  • Latitude, Harvey Norman liable for interest free GO card con
  • Credit quality dogs Zip turnaround

Copyright © WorkDay Media 2003-2025.

Banking Day is a WorkDay Media publication

WorkDay Media Unit Trust

  • Privacy policy
  • Terms of access and use