The Court of Appeal has quashed the convictions of five former Barclays traders in a rate-rigging case.
The individuals affected are Jay Merchant, Jonathan Mathew, Philippe Moryoussef, Alex Pabon and Colin Bermingham. Each was formerly employed as a trader at Barclays.
Their convictions related to rate-rigging. The Court of Appeal’s decision overturns those convictions, although no further details about the ruling or the grounds for the decision are available in the supplied material.
The latest known position is that all five convictions have been quashed by the court.
