A massive regulatory investigation launched in 2013 into interest rate rigging inside the big four banks is heading for the courts.
It is understood that the Australian Securities and Investments Commission is on the verge of launching legal action against ANZ Banking Group amid a massive industry-wide investigation into manipulation of the bank bill swap rate (BBSW).
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Adele Ferguson is a Gold Walkley Award winning investigative journalist. She reports and comments on companies, markets and the economy. Connect with Adele on Twitter. Email Adele at adele.ferguson@theage.com.au
