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Byron Kaye

JPMorgan banker testifying for cartel prosecutors says there was no agreement

07 Dec 2019

SYDNEY A prosecution witness in an Australian criminal cartel case against Citigroup Inc and Deutsche Bank AG said on Friday that the banks never colluded, but that he helped a regulator build its case to get immunity.

Fears grow about Sydney after Australia fires merge into giant blaze

06 Dec 2019

SYDNEY Bushfires fanned by winds combined into a single giant blaze north of Sydney late on Friday, blanketing Australia's biggest city in hazardous smoke, causing weekend sports games to be cancelled and prompting calls for outdoor workers to stay home. | Video

JPMorgan banker says he spent a year meeting regulator in Australian cartel case

06 Dec 2019

SYDNEY, Dec 6 A senior JPMorgan Chase & Co banker spent over a year in meetings with the Australian antitrust regulator before signing a statement that would be used to bring criminal cartel charges against two rival banks and their executives, a court heard on Friday.

Ex-JPMorgan banker began Australia regulator contact two years before Citi, Deutsche cartel charges

05 Dec 2019

SYDNEY JPMorgan Chase & Co began internal discussions that would lead to immunity from prosecution over a troubled Australian capital raising two years before two rivals were charged with criminal cartel behaviour, a court heard on Thursday.

CORRECTED-Ex-JPMorgan banker began Australia regulator contact two years before Citi, Deutsche cartel charges

05 Dec 2019

SYDNEY, Dec 5 JPMorgan Chase & Co began internal discussions that would lead to immunity from prosecution over a troubled Australian capital raising two years before two rivals were charged with criminal cartel behaviour, a court heard on Thursday.

UPDATE 2-Australia's Tyro prices shares at top end of forecast range in IPO

02 Dec 2019

* Has had a better reception than other recent IPOs in Sydney

Scandal-hit Westpac to refund some buyers of new shares

28 Nov 2019

SYDNEY Australia's Westpac Banking Corp offered to refund people who bought new shares weeks before a lawsuit accusing it of millions of breaches of money laundering laws, a move some investors said was to fend off criticism about its transparency.

Westpac shareholders call for more heads to roll over money-laundering scandal

27 Nov 2019

SYDNEY Two of Australia's top shareholder proxy advisers on Wednesday urged investors to vote out more directors of Westpac Banking Corp after a money-laundering scandal claimed the CEO and chairman of the country's No.2 retail bank.

Pressure mounts on Australia's Westpac board over money-laundering scandal

27 Nov 2019

* Proxy adviser CGI Glass Lewis calls for director Marriott to go

CEO of Australia's Westpac exits over money laundering scandal

26 Nov 2019

SYDNEY The chief executive of Australia's Westpac Banking Corp stepped down on Tuesday over a money laundering scandal involving child exploitation, just a day after he told staff it was "not a major issue" and that he intended to stay on. | Video

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