Nothing to see here, apparently, as Aussie regulator comes down hard on ANZ

Finance Minister Nicola Willis with former Treasury Secretary Dr Caralee McLiesh. Last year Willis' office sought assurance claims of market manipulation of Treasury bonds were being taken seriously. (Image: NZME/Jacques Steenkamp)

Stock & Trade

Fri, 19 Sep 2025

Local bond traders would have been glued to their screens on Monday as Australia’s financial regulator came down hard on the “grubby” and “unconscionable” conduct of the ANZ Bank.They would have been watching closely not only because the case has all the ingredients of a gritty and salacious Netflix series, but also because it covered territory that some local market participants reckon gets trampled on from time to time in New Zealand.We are talking about the bond trading piece of the wrongdoing that saw ANZ cop A...

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