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Banking cartel case trial delayed by more than a year Save Share Landmark criminal cartel charges against a group of Australia’s biggest investment banks will not go to trial for more than a year amid complaints from the defence that the indictment from the Commonwealth prosecutor was “almost incomprehensible” and contained “fundamental defects”. The banks levelled the claims in Monday’s Federal Court hearing of the long-running criminal cartel case, in which ANZ, Deutsche Bank and Citi, and six of their executives face criminal charges. A criminal cartel case ag...

ANZ, Citi and Deutsche bankers face criminal charges in cartel case We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Advertisement ANZ senior executive Richard Moscati is one of six high-profile bankers to be formally charged with a combined 29 criminal offences over allegedly forming a cartel to manipulate the big four bank’s share price in 2015. Citigroup Global Markets Australia and Deutsche Bank AG are also facing a combined 12 criminal charges for contravening anti-cartel laws. ANZ faces three charges of being knowingly concerned in...

ANZ Bank cartel trial slated for 2022, judge slams delays We’re sorry, this service is currently unavailable. Please try again later. Dismiss ANZ Bank cartel trial slated for 2022, judge slams delays Normal text size Advertisement A trial for the cartel case involving big four bank ANZ has been slated for 2022 after Federal Court Justice Michael Wigney slammed the competition regulator and banks for delays. "These charges have been hanging over the heads of these individuals but also major corporations. They have to be brought to a head. It’s intolerable for it to go on," Justice Wigney t...