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Former Barclays traders have rate-rigging convictions quashed
Five former Barclays traders have successfully overturned their convictions for manipulating interest rates during the financial crisis. The Court of Appeal delivered the ruling following a long-running legal battle. Jay Merchant, Jonathan Mathew, Philippe Moryoussef, Alex Pabon, and Colin Bermingham had previously been jailed in connection with one of the biggest scandals of the financial crisis.