Auswide Bank Ltd advised it priced a senior unsecured floating rate note yesterday. The 364-day A$26 million FRN was priced at a margin of 80 basis points over the relevant BBSW. The FRN was issued to investors in the capital market under the bank's existing debt issuance program, with Laminar Capital Pty Ltd acting as lead manager. Martin Barrett, managing director of Auswide Bank, said the issue "maintains the diversification of our funding sources [and] will assist with the expected funding growth in our housing, consumer and business loan portfolio". "Big banks can't be trusted with workers' money," the Australian Council of Trade Unions declared yesterday. ACTU national secretary Ged Kearney took a turn yesterday in an attack about trust around superannuation rather than banks as holders of deposits. The union organisation released a detailed dossier collating more than 300 instances from 2017 it claims show mischief and misconduct by the five core Australian banks, Westpac, NAB, Macquarie, Commonwealth and ANZ.