SFO charges 10 over Euribor rigging
The Serious Fraud Office has charged Barclays and Deutsche Bank employees over the alleged manipulation of the Euribor interest rate benchmark.
The SFO said six former DB traders and four ex Barclays employees will be charged with conspiracy to defraud in connection with an investigation into Euribor rigging.
The former Deutsche Bank employees are Christian Bittar, Achim Kraemer, Andreas Hauschild, Joerg Vogt, Ardalan Gharagozlou and Kai-Uwe Kappauf. The ex Barclays traders are Colin Bermingham, Carlo Palombo, Philippe Moryoussef and Sisse Bohart.
The Serious Fraud Office said "criminal proceedings will be issued against other individuals in due course".
The defendants will appear at London’s Westminster Magistrates Court on 11 January.