An Australian antitrust investigator who helped bring criminal cartel charges ag...
JPMorgan and its staff and ex-staff agreed to act as informants with the ACCC in exchange for immunity from prosecution, the court has previously heard.
The JPMorgan witnesses had seemed to be “full, frank and truthful” throughout their ACCC interviews, Taylor added. The case hinges on allegations the banks colluded to keep hold of ANZ stock to prop up its price. It is being closely watched by investment bankers around the world because it could have implications about the way they are allowed to run share sales.
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