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Tag Archives: Libor

Ex-Barclays Traders Acquitted in Libor Rigging Retrial

Former Barclays PLC derivatives trader Stylianos Contogoulas was found not guilty by a London jury on Thursday of dishonestly rigging a key global interest rate benchmark to boost his profits, in a result that deals a major blow to the Serious Fraud Office. Law360: (headline:(acquitted) OR summary:(acquitted))

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Libor Scandal Acquittals End Prosecutors’ Winning Streak

A London jury’s decision Wednesday to acquit five former brokers on charges of plotting with a convicted former UBS and Citigroup trader to manipulate Libor marks a major defeat for prosecutors who had been riding a wave of convictions in connection with the scandal. Here, Law360 takes a look at the current status of Libor scandal-related criminal cases in the ...

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