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Australian regulator says ’exculpatory’ statement cut in banks cartel case

Australian regulator says ’exculpatory’ statement cut in banks cartel case

An Australian regulator said that parts of a witness statement showing Citigroup and Deutsche Bank tried to follow the rules in a stock issue at the center of a criminal lawsuit were deleted, but couldn’t explain the reasons behind the omission. The witness statement included suggestions the banks were concerned about disrupting market if they dumped their unsold shares simultaneously.

Clara
Clara
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