Westpac (ASIC) has explosive evidence it may use in a lawsuit against The Australian Securities and Investments Commission over allegations employees manipulated the bank bill swap rate, according to reports. It includes excerpts of recorded phone calls revealing how traders at the bank opening discussed manipulated the rate set.
The Australian Securities and Investments Commission (ASIC) has explosive evidence it may use in a lawsuit against Westpac over allegations employees manipulated the bank bill swap rate, according to reports. It includes excerpts of recorded phone calls revealing how traders at the bank opening discussed manipulated the rate set.