Former Barclays traders jailed over Euribor rate-rigging

Discussion in 'Markets & Economies' started by systematic, Apr 2, 2019.

  1. systematic

    systematic Well-Known Member

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    "Two traders have been jailed after being convicted of conspiring to rig the Euribor global interest rate.

    Colin Bermingham, 62, and Carlo Palombo, 40, both former Barclays traders, were convicted of conspiracy to defraud."

    https://www.bbc.com/news/business-47779993

    It was a conspiracy .... the spot price for pm's is set by the "London Fix" ... what is in a name ...
     
  2. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    Good article..

    So when do the silver price riggers get banged up?
     
    JulieW likes this.

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