Australia's big banks wander deeper into regulatory quagmire

Australian banks famously rode out the 2008 financial crisis with barely a scratch, but no longer are they the exemplar of success, as a commodity rout ravages the economy and a growing storm of accusations over misconduct threatens to tar their name. Last week, Westpac Banking Corp became the second Australian lender after ANZ Banking Group to be dragged to court by regulators over suspected rigging of benchmark interest rates. The industry has already been unsettled by probes into wealth misma