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BRIEF-Australia and New Zealand Banking Group says co and ASIC agree in-principle settlement over BBSW case
October 22, 2017 / 11:41 PM / a month ago

BRIEF-Australia and New Zealand Banking Group says co and ASIC agree in-principle settlement over BBSW case

Oct 23 (Reuters) - Australia And New Zealand Banking Group Ltd

* ‍ANZ and ASIC agree in-principle settlement over bank trading and bank bill swap rate​

* ‍Reached confidential agreement with ASIC to settle court action relating to Australian Interbank BBSW market​

* ‍Financial impact to ANZ will be reflected in 2017 financial year results and largely covered by provisioning held as at 31 March​

* ‍ASIC has asked court to stand down trial for 48 hours​ Source text for Eikon: Further company coverage:

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