Ex-Deutsche, Barclays bankers appear in court over ‘Euribor rigging’

‘A former senior trader at Deutsche Bank has been ordered to front £1 million in bail ahead of his trial for rate rigging, a London magistrates court has heard.

Christian Bittar, a French Singapore-based trader who was previously one of Deutsche Bank’s most lucrative money markets managers, appeared in Westminster Magistrates’ Court on Monday along with five of 11 individuals charged with plotting to rig the Euro Interbank Offered Rate (Euribor).

Bittar, who was represented by Alexander Cameron, brother of British Prime Minister David Cameron, confirmed his name and address to the court. He also confirmed his date of birth as January 12, 1972.’

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