Banks will try to quash ‘incomprehensible’ indictment in ANZ cartel case

Competition & Consumer Protection 2021-02-22 1:26 pm By Miklos Bolza | Sydney

Global investment banks and executives accused of engaging in criminal cartel conduct in relation to a $2.5 billion ANZ share placement in 2015 will seek to quash the “incomprehensible” indictment filed against them, claiming it is full of “fallacies”.