A banker from a “leading British bank” pleaded guilty last week to attempted manipulation of benchmark interest rates, according to a London court.
The court described the individual as "a senior banker," who pleaded guilty October 3 to "conspiracy to defraud" charges filed by the UK's Serious Fraud Office in its two-year investigation into manipulation of the London interbank offered rate, or Libor. The court didn't allow publication of the banker's identity.