Two former Dresdner Kleinwort bond traders today escaped sanctions from the UK Financial Services Authority beyond a public censure, despite turning on each other during the case hearing, after being found guilty of market abuse in a case involving Barclays' debt.

The FSA today censured Darren Morton and Christopher Parry, who were at the time of the offence, a director and a vice-president at Dresdner Kleinwort.