Second Ex-Barclays Trader Found Guilty of Rigging Euribor
- London trial ends with two guilty verdicts and one acquittal
- Bermingham found guilty Thursday in 10-2 vote by London jury
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Ex-Barclays Plc trader Colin Bermingham was convicted of helping to manipulate a benchmark interest rate by a London jury, the ninth conviction secured by U.K. prosecutors in a seven-year probe of rate-rigging.
The jury found Bermingham guilty Thursday in a 10-2 vote following a two-month trial. Two days earlier, the panel found his ex-colleague Carlo Palombo guilty, while another former co-worker, Sisse Bohart, was cleared of manipulating the Euro interbank offered rate.