Allianz and HSBC have signed a 10-year exclusive bancassurance distribution agreement in Asia, with Allianz’s life insurance products to be distributed by HSBC in China, Indonesia, Malaysia, Australia, Sri Lanka and Taiwan.

ANZ Private Bank has made two senior appointments to bolster is operations across Asia.

Allianz Global Investors has launched the Allianz Flexi Asia Bond, with its initial public offering until 3 July, according to news sources.

AmBank Group and ANZ have agreed to introduce ANZ’s signature priority banking service to AmBank’s and AmIslamic Bank’s affluent retail banking customers in Malaysia.

ANZ has hired Manfred Liechti as managing director global private banking, reporting to Joyce Phillips, chief executive for global wealth.

ANZ has appointed Bret Packard as its new managing director for wealth in Asia, reporting to Joyce Phillips, global chief executive officer for wealth and private banking.

ANZ has announced a number of senior management and organisational changes, including an appointment for the new role of chief executive officer for global wealth and private.

Vontobel Group has signed an agreement with ANZ with the aim of expanding its activities in Asia Pacific.

Myanmar continues to lure overseas banks with the announcement that Standard Chartered Bank and Thailand’s Kasikornbank are both opening offices in Yangon, with a view to accessing the local market.

Mark Robinson has started in his role with ANZ as its new chief executive officer for South and South-east Asia.

ANZ will establish a foreign bank branch in India in the first half of 2011 after being granted final approval for a licence from the Reserve Bank of India (RBI).

ANZ has set up a new branch in Hangzhou, the capital city of Zhejiang Province in Eastern China.

ANZ has received approval to open a representative office in Myanmar – expected in early 2013.