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​Commonwealth Bank not yet clear of rate-rigging allegations

( September 15, 2017, 03:19 GMT | Insight) -- As Westpac, National Australia Bank and ANZ prepare to appear in court next month to face the Australian Securities and Investments Commission's allegations of inter-bank lending rate rigging, ASIC chairman Greg Medcraft has warned that Commonwealth Bank may still face enforcement action, The Australian reports. As Westpac, National Australia Bank and ANZ prepare to appear in court next month to face the Australian Securities and Investments Commission's allegations of inter-bank lending rate rigging, ASIC chairman Greg Medcraft has warned that Commonwealth Bank may still face enforcement action, The Australian reports. Medcraft said talks Commonwealth Bank over the rate-rigging scandal were still ongoing, but that there was still "plenty of time to take action" against the lender. He added that issues would also emerge from a new investigation into the bank in the wake of money-laundering charges filed against it by Austrac....

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