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Ex-Barclays Trader Goes to France as Euribor Trial Starts

  • Philippe Moryoussef hasn’t appeared for first two days of case
  • French citizen is one of five traders scheduled to go on trial
Philippe Moryoussef
Philippe MoryoussefPhotographer: Simon Dawson/Bloomberg
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Philippe Moryoussef, a former trader at Barclays Plc, went to France ahead of a London trial on charges that he rigged a key benchmark rate, saying that the proceedings wouldn’t be fair.

Moryoussef, a French citizen, was one of five traders scheduled to face the charges at a trial that started Monday with jury selection in London. The fact that the 49-year-old has left the U.K. can be reported after a judge lifted a reporting restriction in the case at a hearing Tuesday.