World Economy

ANZ Suspends 7 Traders

ANZ Suspends 7 TradersANZ Suspends 7 Traders

ANZ, one of Australia’s biggest banks, has suspended seven traders as part of an inquiry into the potential rigging of key interbank interest rates, BBC said. The Australian Securities and Investment Commission has been investigating the country’s interbank market since mid-2012. Nigel Williams, chief risk officer of ANZ, said it was cooperating fully with ASIC.