London court quashes five UK rate-rigging convictions
London’s Court of Appeal quashed the convictions of five former Barclays traders in the UK rate-rigging case, adding to appeals overturning parts of the Serious Fraud Office prosecutions.
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London’s Court of Appeal quashed the convictions of five former Barclays traders in the UK rate-rigging case, adding to appeals overturning parts of the Serious Fraud Office prosecutions.
Five former Barclays traders, jailed in Britain for plotting to rig global, benchmark interest rates, won an appeal to clear their names, further unravelling some of the UK Serious Fraud Office's most high-profile prosecutions. The traders were cast by prosecutors as a symbol of banker greed at a time of taxpayer fury
Five former Barclays traders, previously jailed for rigging benchmark interest rates, have had their convictions overturned by London's Court of Appeal. This further unravels some of the UK Serious Fraud Office's high-profile prosecutions.