‘Absolutely appalling’: banks resisting interest rate fixing investigations, says ASIC

By Sarah Danckert @ The Sydney Morning Herald (June 3, 2015) Appalling behaviour from Australia’s biggest banks is frustrating an investigation into manipulation of the financial sector’s benchmark interest rate, the chairman of the Australian Securities Investments Commission says. Greg Medcraft told the Senate Economics Legislative Committee ASIC was trying to encourage Australia’s big banks … Continue reading ‘Absolutely appalling’: banks resisting interest rate fixing investigations, says ASIC