The overturned verdicts reverse the outcomes of prosecutions intended to punish individual bankers for the distortion of benchmark rates. The cases were previously cited as high-profile attempts to address fraud and systemic rigging within the financial sector.
Wednesday, October 21, 2026
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London Court Overturns Rate Rigging Convictions for 5 Ex-Barclays Traders
Business14 days ago
A judicial ruling has cleared former Barclays employees of fraud charges related to market manipulation. A London court overturned the convictions of five ex-traders who had been found guilty of rigging benchmark interest rates in a series of landmark legal proceedings.
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