Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

BRIEF-Australia and New Zealand Banking Group comments on US class action complaint

Published 18/08/2016, 01:38 pm
© Reuters.  BRIEF-Australia and New Zealand Banking Group comments on US class action complaint
ANZ
-

Aug 18 (Reuters) - Australia and New Zealand Banking Group Ltd ANZ.AX :

* Anz comments on US class action complaint ANZ.AX

* Confirmed it was among 17 banks and two international broking houses named in a class action complaint launched in the United States

* Says notes there has been no allegation by asic of collusion between it and other institutions

* Anz will also be vigorously defending the US class action complaint

* Says the class action relates to bank trading and the bank bill swap rate (bbsw)

* Anz rejected allegations regarding bank trading and bank bill swap rate (bbsw) made in statement of claim by asic in March 2016

* Says vigorously defending the legal action brought by asic

* Source text for Eikon ID:nASXbPl02y

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.