London, Oct 7, 2026 (AFP) - UK court quashes five ex-traders' Libor rate rigging convictions

NAMPA / AFP

2026-10-07

The Court of Appeal in London on Wednesday quashed the criminal convictions of five former financial traders for manipulating the Libor and Euribor interest rate benchmarks, the latest twist in the long-running rigging scandal. The decision to overturn the convictions of the five, who all worked at Barclays, follows a landmark 2025 ruling by the UK Supreme Court ruling that quashed two other ex-traders' convictions. "There is a directly applicabl......

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