Australia, NZ dollars up slightly ahead of cenbank decisions
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Malcolm Turnbull joins the board of space startup Advanced Navigation
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Prior to that, Kovacs held executive roles at BT Financial Group as head of equities where her responsibilities included product development and distribution of equity products to licensees, advisers and retail investors; Ellerston Capital where she was head of investor relations, sales and marketing; and Macquarie Group as divisions director, equity markets group.
Currently, Kovacs was non-executive director of cross-border payments company OFX, fintech Equitise, and the University Admission Centre.
Bruce Higgins, HUB24 chair, said: “Cathy’s broad executive experience in fintech, business strategy and growth, and investments including M&A, further strengthens and expands the board skillset and supports our commitment to diversity. I look forward to Cathy’s contribution as a director of HUB24 Limited”.
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HSF Advises Joint Lead Managers on ANZ’s A$1.5 billion Capital Notes 6 Offer
Herbert Smith Freehills has advised the Joint Lead Managers of Australia and New Zealand Banking Group Limited’s (ANZ) offer of ANZ Capital Notes 6 (Notes). The offer also involved a reinvestment offer under which holders of ANZ Capital Notes 1 were able to apply to sell some or all of their ANZ Capital Notes 1 and reinvest the proceeds in the Notes or receive cash.
The Notes are fully paid, convertible, perpetual, unsecured, subordinated notes issued by ANZ. The Notes will constitute Additional Tier 1 Capital under APRA standards. The proceeds from the issue will be used to refinance the ANZ Capital Notes 1 and for general corporate purposes.