A former City trader previously convicted of rigging the Euribor interest rates has had his fraud conviction overturned.

Christian Bittar, formerly a trader at Deutsche Bank, had his conviction overturned by the Court of Appeal on Friday after being sentenced to five years in prison for rigging the primary European interest rate, the Euro Interbank Offered Rate (Euribor), in the run-up to the financial crisis. He previously pleaded guilty to the charge.

https://www.cityam.com/former-city-traders-rate-rigging-conviction-overturned/