ANZ picks bond duo to run capital markets

The bank gives two senior bankers control of the capital markets division, reshaping the team as it tries to win more business linking Australia and Asia.

ANZ has promoted Jimmy Choi and Paul White to co-heads of capital markets, according to a memo seen by FinanceAsia, underscoring the bank’s ambition to capture more investment flows between Australia and Asia.

Their promotions come after ANZ announced in early November that it was selling its retail and wealth management businesses in Singapore, Hong Kong, China, Taiwan and Indonesia to Singapore's DBS for S$110 million $79 million, as the Aussie lender moved to consolidate its focus on institutional banking in Asia.
 
We want to leverage our existing US dollar franchise across the region, strengthening the linkage between Australia and...
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