The unsavoury content of conversations between traders at ANZ and other banks is beginning to slide into the public domain, as the bank and its sacked interest rate trader Etienne Alexiou jostle in a case to be considered by the Federal Court of Australia.Extracts of the conversations were reported at the weekend by the Financial Review, which summed them up as "racist, misogynistic and homophobic."On Friday ANZ shared an email from Nigel Williams, the bank's chief risk officer to staff."While our defence is a legal document containing unequivocal denials of many of the specific claims made by Alexiou, it also contains the letter of dismissal provided to him in September 2015.  This includes a selection of the unacceptable electronic chats between Mr Alexiou and individuals at other banks.  These make very difficult reading.
"One of the chats includes a statement: 'I can imagine anz and cba compliance guys reading this chat' to which Alexiou responds 'mmm, not exactly sackable'".

Williams wrote that "the exchange highlights the individuals were fully aware of the unacceptable nature of their communications and that it is simple common sense that no organisation could tolerate behaviour of this nature in its workplace."