ANZ is embroiled in allegations it manipulated government bond sales – what exactly does that mean?
- Written by Mark Humphery-Jenner, Associate Professor of Finance, UNSW Sydney
ANZ is being investigated by the Australian Securities and Investments Commission (ASIC) amid serious allegations the bank manipulated markets when it facilitated a A$14 billion sale of government bonds in April last year.
ASIC has now publicly stated it suspects ANZ broke the law. Speaking to the Australian Financial Review on Tuesday, ASIC...
