Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Jul 07, 2016

Ex-Barclays Traders Get as Much as 6 1/2 Years in Prison

Ex-Barclays Traders Get as Much as 6 1/2 Years in Prison

None

(Bloomberg) -- 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.

To contact the reporter on this story: Suzi Ring in London at sring5@bloomberg.net.

To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net.

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source
Listen to the latest songs, only on JioSaavn.com