Westpac fined in landmark swaps pre-hedging case

31st January, 2024

Radi Khasawneh
Sydney

Australian bank Westpac has been fined A$1.8 million (£935,000) for “unconscionable” conduct in pre-hedging a A$12 billion swap for a client, adversely affecting the pricing of the transaction

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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