‘Don’t panic’: JPMorgan boss tried to allay bank exec’s fears over shortfall, court told

Competition & Consumer Protection 2021-12-02 9:52 pm By Cindy Cameronne | Sydney

JPMorgan Australia chairman Rob Priestley told Citigroup and Deutsche Bank executives not to “panic” about picking up a shortfall in the sale of ANZ shares, a court has heard in the ACCC’s criminal cartel case over a $2.5 billion ANZ share placement.