This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

'Elite' Barclays, Deutsche traders profited from Euribor fraud, SFO tells London court

By Martin Coyle ( June 11, 2019, 14:00 GMT | Insight) -- An “elite” group of Deutsche Bank and Barclays traders abused their positions to line their own pockets by rigging the Euribor interest-rate benchmark, prosecutors told a London court today. Opening a criminal trial against former Deutsche Bank trader Andreas Hauschild, prosecutor James Waddington said “intelligent, competitive and ambitious” bankers “cheated a global financial system” to give themselves an edge over their competitors.An “elite” group of Deutsche Bank and Barclays traders abused their positions to line their own pockets by rigging a key global interest-rate benchmark, prosecutors told a London court today....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login