Ex-Barclays Euribor Traders Jailed for as Long as Five Years

  • Former traders Colin Bermingham and Carlo Palombo sentenced
  • A jury found the men guilty of fraud for Euribor manipulation
Carlo Palombo, left, and Colin Bermingham.Photographer: Luke MacGregor/Bloomberg
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Two former Barclays Plc traders convicted of manipulating a benchmark interest rate were sentenced to as much as five years in prison by a London judge who warned those still working in the finance industry that misdeeds would bring jail time.