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Four Ex-Deutsche Bank Traders Evade U.K. Euribor Case

  • German prosecutors won’t extradite men to face U.K. trial
  • Frankfurt court outruled extradition on time-bar grounds
The Deutsche Bank AG headquarters in Frankfurt.

The Deutsche Bank AG headquarters in Frankfurt.

Photographer: Krisztian Bocsi/Bloomberg
Updated on

Four traders charged in the U.K. for rigging interest-rate benchmarks at Deutsche Bank AG will escape prosecution after German officials refused requests to send them to London to face trial.

Frankfurt prosecutors decided not to turn the men over almost two years after the U.K.’s Serious Fraud Office first sought extradition. The final decision on the former traders was made Wednesday after a court issued rulings that the alleged crimes had taken place too long ago to be tried, said Alexander Badle, a spokesman for the Frankfurt General Prosecutor.