NAB to fight ASIC court case on rate-rigging

The National Australia Bank (NAB) says it will fight an Australian Securities and Investment Commission (ASIC) Federal Court case on so-called "rate-rigging."

Ngân hàng National hiện ở trong tầm ngắm của ASIC Source: AAP

The corporate monitor is accusing the bank of manipulating the market.

The Coalition says the move by ASIC (ASS-ik) shows the system is working.

Labor and the Greens say it reinforces the need for a royal commission into the banks