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Ex-Traders Bittar, Moryoussef Get Combined 13 Years in Jail

Franz Wild
Ex-Traders Bittar, Moryoussef Get Combined 13 Years in Jail

Former traders for Barclays Plc and Deutsche Bank AG were sentenced to a combined 13 years in prison by a London judge for conspiring to rig interest-rate benchmarks. Christian Bittar, a 46-year-old Deutsche Bank employee, was sentenced to five years and four months, while the man described by prosecutors as his fellow mastermind in manipulating the market, Barclay’s Philippe Moryoussef, received 8 years. The 50-year-old Moryoussef was sentenced in absentia after staying in France to avoid the trial.