The Guilty Barclays Traders: The Retiree and the Gong Therapist

(Bloomberg) Another Euribor trial is done and leaves a mix of results. Two former Barclays Plc traders were convicted, and another acquitted of conspiring to rig Euribor, the interest rate benchmark behind trillions of dollars worth of securities. A London jury found Carlo Palombo and Colin Bermingham guilty this week, and cleared Sisse Bohart in a re-trial after a panel couldn’t come to a decision last year. In the first trial, Philippe Moryoussef was found guilty of manipulating Euribor. Christian Bittar, an ex-Deutsche Bank trader, pleaded guilty last year.

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