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Enforcement/asicCWLTH

ASIC v ANZ + 3 banks (bond manipulation conduct)

court judgment30 Jan 2025

In plain English

ASIC commenced proceedings against ANZ and three other banks regarding conduct related to bond trading.

ASIC commenced proceedings in the Federal Court against ANZ, Deutsche Bank, Citi, and Barclays. The case concerns conduct related to bond trading. The court judgment date was 30 January 2025. Further details about the conduct and outcome are not available in the source.

bankingmarket-manipulation

AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.

Respondent

ANZ Banking Group; Deutsche Bank; Citi; Barclays (4 banks)

Facts

ASIC alleges 4 banks engaged in conduct on the bond market relating to a 2015 ANZ capital raising.

Outcome

Trial concluded; judgment reserved. Charges include cartel conduct.

Read the source

https://asic.gov.au/about-asic/news-centre/find-a-media-release/

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