Ex-Barclays Traders Get as Much as 6 1/2 Years in PrisonSuzi Ring
Four former Barclays Plc traders were sentenced to as many as 6 1/2 years in prison for manipulating the Libor interest-rate benchmark as U.K. judges continued meting out tough punishments for white-collar crime.
Jay Merchant, 45, was sentenced to 6 1/2 years in prison. Peter Johnson, 61, and Jonathan Mathew, 35, received four years in prison. Alex Pabon, 38, will serve two years and nine months in jail.