Business

Ex-Barclays traders appear on rate-rigging charges

By Washington Examiner
Published February 26, 2014 4:30pm ET
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Ex-Barclays traders appear on rate-rigging charges
Former Barclays Bank employee Peter Charles Johnson leaves Westminster Magistrates court after appearing on charges of conspiracy to defraud in relation to the manipulation of the dollar Libor rate in London, Wednesday, Feb. 26, 2014. (AP Photo/Alastair Grant) | Alastair Grant

LONDON (AP) — Three former Barclays PLC employees appeared in a London court Wednesday on charges related to the rigging of a key market interest rate.

Peter Charles Johnson, Jonathan James Mathew and Stylianos Contogoulas are accused of conspiracy in the manipulation of the London interbank offered rate, or LIBOR, between June 1, 2005 and Aug. 31, 2007.

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