A senior banker at a British bank has pleaded guilty to charges over the rigging of the Libor interbank lending rate.
The unnamed banker who is currently on bail pleaded guilty
to one count of conspiracy to defraud as part of the Serious Fraud
Office's (SFO) investigation into alleged Libor rate manipulation.
A sentence will be handed down to the banker in due course
after pleading guilty on Friday at Southwark Crown Court. The banker can
not be named for legal reasons.
http://www.cityam.com/1412675109/london-city-banker-pleads-guilty-libor-rate-manipulation
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