Showing posts with label Australia bank sector. Show all posts
Showing posts with label Australia bank sector. Show all posts

Wednesday, 19 November 2014

Australia's ANZ bank suspends seven traders

ANZ, one of Australia's biggest banks, has suspended seven traders as part of an inquiry into the potential rigging of key interbank interest rates.
The Australian Securities and Investment Commission (ASIC) has been investigating the country's interbank market since mid-2012.
Nigel Williams, chief risk officer of ANZ, said it was co-operating fully with ASIC.
The bank has been also been conducting its own investigation.
Mr Williams said: