Trading

Ex-Deutsche Bank trader pleads guilty to rigging Euribor

Christian Bittar changes plea to guilty in a London court

Christian Bittar
Christian Bittar Photo: Getty Images

A former Deutsche Bank trader accused of rigging a key bank lending benchmark has pleaded guilty to conspiracy to defraud in a London court.

Christian Bittar, one of six former traders at Deutsche Bank and Barclays accused of fixing the European Interbank Lending Rate — Euribor — entered his plea at Southwark Crown Court on Friday, March 2, according to the Serious Fraud Office.

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