Jailed Barclays Libor Traders Lose Bid to Appeal Convictions
- Jonathan Mathew, Alex Pabon and Jay Merchant denied appeal
- All three were convicted in London in July over Libor-rigging
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Three former Barclays Plc traders sent to prison for Libor manipulation were denied permission to appeal their convictions by a U.K. judge, narrowing the possibility that their guilty verdicts will be overturned.
Requests for an appeal by Jonathan Mathew, Alex Pabon and Jay Merchant were all turned down by a London judge earlier this month, a court clerk said Friday. Merchant was also denied leave to challenge his 6 1/2-year sentence, the clerk said.