Ex-Barclays traders jailed for rigging interest rates have convictions quashed

Acquittals of five former bankers come year after supreme court overturned ruling against City trader Tom Hayes

Five more former traders who were jailed for rigging interest rates have had their convictions quashed by the court of appeal in London, after a long battle to clear their names.

The court overturned the convictions of Jay Vijay Merchant, Jonathan Mathew, Philippe Moryoussef, Alex Pabon and Colin Bermingham – all of whom worked at Barclays.

Continue reading...