Barclays traders acquitted in Libor trial
‘Two former Barclays traders have been cleared by a London jury of manipulating the key interest rate benchmark in a retrial which started six weeks ago.
Ryan Reich, a 35-year-old American, and Greek national Stylianos Contogoulas, 45, were both freed on unanimous verdicts at Southwark Crown Court.
It was their second trial on a charge of conspiracy to defraud after a jury last year could not reach a verdict. Four co-defendants have been jailed.
Both men had denied any wrongdoing when charged three years ago, reacted emotionally to the verdicts Thursday.’
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