Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.


Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

SFO: Ex-Deutsche Bank trader pleads guilty over EURIBOR manipulation

Jaclyn Jaeger | March 20, 2018

Christian Bittar, an ex-Deutsche Bank trader, pleaded guilty on 2 March to conspiracy to defraud in connection with the Serious Fraud Office’s ongoing investigation into the manipulation of the Euro Interbank Offered Rate.

A court order restricting reporting of the plea was lifted on 15 March.

The trial of the remaining defendants—Achim Kraemer, Colin Bermingham, Carlo Palombo, Philippe Moryoussef and Sisse Bohart—is scheduled to begin at Southwark Crown Court on 9 April.

The SFO announced that it had decided to accept allegations of the manipulation of LIBOR and EURIBOR for investigation in July 2012.

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.