NewsBite

Opinion

Jonathan Shapiro

What scandal? Elliott doubles down on minimising bond trading fallout

Shayne Elliott maintains his position ANZ hasn’t done all that much wrong. It’s a familiar stance, but this time he better be right.

Jonathan ShapiroSenior reporter

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Late on Friday afternoon, after three hours of questions from members of parliament, ANZ Bank chief executive Shayne Elliott was free to leave the capital.

Elliott spent a fair chunk of that grilling defending ANZ and its traders against allegations that they misled the government and manipulated the bond rate. For the most part, he succeeded in downplaying the seriousness of the allegations.

Loading...
Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Financial services

Fetching latest articles

Most Viewed In Companies

    Original URL: https://www.afr.com/companies/financial-services/what-scandal-elliott-doubles-down-on-minimising-bond-trading-fallout-20240830-p5k6rh