Ex-UBS Trader Darin Must Face U.S. Libor-Rigging Charge
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Ex-UBS Group AG trader Roger Darin lost a bid to dismiss a U.S. charge that he conspired to manipulate the London interbank offered rate for yen.
Darin, a citizen and resident of Switzerland, is among at least 11 traders outside the U.S. charged by authorities there with attempting to rig Libor. A judge on Friday rejected the argument that he doesn’t have a sufficient connection to the U.S. to be prosecuted in New York federal court.