Westpac has been fined by an Australian court for engaging in “unconscionable” pre-hedging practices when it executed an A$12 billion ($9.1 billion) interest rate swap in 2016. The Australian Federal…
Westpac has been fined by an Australian court for engaging in “unconscionable” pre-hedging practices when it executed an A$12 billion ($9.1 billion) interest rate swap in 2016. The Australian Federal…