Ten Ex-Deutsche Bank, Barclays Traders Charged in Euribor Probe
- Ex-Deutsche Bank trader Christian Bittar among those charged
- An eleventh trader may be charged as soon as next week
10 Charged in Euribor Manipulation
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U.K. prosecutors charged 10 former Deutsche Bank AG and Barclays Plc employees with manipulating a benchmark interest rate, including high-profile trader Christian Bittar, with an 11th facing indictment as soon as next week.
Six traders from Deutsche Bank and four from Barclays were charged with conspiracy to manipulate the Euribor benchmark, the Serious Fraud Office said in a statement Friday. Another trader listed anonymously in court documents may also be charged, according to three people familiar with the case.