Ex-Deutsche Bank Trader Told Bittar ‘WILL DO’ After Rate Request
- Andreas Hauschild charged with conspiring to rig Euribor rate
- Message shown to jurors during Hauschild court testimony
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A former Deutsche Bank AG executive sent Christian Bittar, a former banker convicted of manipulating a key interest rate, an electronic message saying “YES WE WILL DO” after receiving a request to set the benchmark at a particular level, prosecutors said.
Andreas Hauschild, a former senior banker in Frankfurt, sent the message to Bittar in response to a plea to “HELP US AND PUT A LOW 1MTH FIXING?" The exchange was shown to jurors by prosecutors Wednesday during Hauschild’s third day of testimony in a London court.