australia

The new regulation is targeting digital asset and payment service providers in both cryptocurrencies and stablecoins; draft legislation is expected by the end of 2025.

Sydney-based Ben Connolly will step up from his real estate role, while Philippe Perzi will join from Goldman Sachs where he was managing director and head of FIG.

The Australian bond market has seen a record start to the year, with A$69bn being issued so far in 2025, with robust investor liquidity and tightened spreads.

Anglo American has agreed to sell its Australian based steelmaking coal business to US firm Peabody Energy for around $3.8bn.

The move by Australia to phase out the bonds may reflect the unusually high level of retail investor holdings of AT1 instruments in the country, Fitch Ratings said.

The bank has made several appointments across markets' sales, asset-backed securitisation & financing, G10 rates trading and corporate access.

The new environmental futures’ contracts are designed to support liquidity amid the energy transition to net zero.

David Bailey will return to Australia from his current role as head of Citi’s cross border capital markets in New York.

Investors from Asia and Europe were on the oversubscribed deal, which was managed by Commonwealth Bank of Australia, Deutsche Bank, NAB, UBS and Westpac. Proceeds will be used for projects such as hydrogen hubs.