Opinion
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 reporterLate 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.
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