HomeBlogUncategorizedAustralian bank ANZ admits misconduct in bond trading, gets AUD240mn penalties

Australian bank ANZ admits misconduct in bond trading, gets AUD240mn penalties

Australia’s ANZ Group is one of the country’s /big four’ banks:

admitted to “unconscionable conduct” in its bond trading serviceshas agreed to pay AUD240 million in penaltiessettlement between ANZ and the Australian Securities and Investments Commission

Violations centre on ANZ:

manipulating markets in a government bond issuancemisreporting of bond trading data
This article was written by Eamonn Sheridan at investinglive.com.


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