High Court case stirs up closed interest rate swap settlements
Former farmer Renie Gibson takes on Westpac after losing her farm in the global financial crisis.
Mackenzie Smith Wed, 11 Jul 2018
Westpac, ANZ and ASB might have let out a sigh of relief in 2015 when the Commerce Commission closed the final confidential settlement with farmers who had suffered losses in interest rate swaps with the banks.
But a case before the High Court at Auckland looks to restart the process, as a
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