October 17, 2018 / 7:07 PM / a month ago

Ex-Deutsche Bank traders found guilty in U.S. of Libor scheme

Oct 17 (Reuters) - Two former Deutsche Bank AG traders were found guilty by a New York jury on Wednesday of engaging in a scheme to manipulate the Libor benchmark interest rate between 2005 and 2011.

Matthew Connolly, who once led Deutsche Bank's pool trading desk in New York, and Gavin Campbell Black, who worked on the bank's London desk, were convicted of wire fraud and conspiracy following a trial in Manhattan federal court. (Reporting By Brendan Pierson in New York Editing by Susan Thomas)

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