London court quashes five more UK rate-rigging convictions

Arab News ·
Saudi Arabia

LONDON: Five former Barclays traders, jailed in Britain for plotting to rig global benchmark interest rates, won an appeal to clear their names on Wednesday, further unraveling some of the UK Serious Fraud Office’s most high-profile prosecutions. London’s Court of Appeal quashed the convictions of Philippe Moryoussef, from France, Calcutta-born Jay Merchant, Britons Colin Bermingham and Jonathan…

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