The Traderszone Network

Published in TZ Latest News 11 October, 2015 by The TZ Newswire Staff

Ex-Rabobank traders face first U.S. trial over Libor manipulation

Two former Rabobank [RABO.UL] traders from Britain are set to become the first defendants to face trial in the United States on charges stemming from a global investigation into whether various banks sought to manipulate the interest rate known as Libor. Jury selection is scheduled for Tuesday in Manhattan federal court in the case of Anthony Allen, 44, and Anthony Conti, 46, who are accused of helping manipulate interest rates to benefit the Dutch lender’s trading positions. The case is the first by the U.S.

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