Another Ex-Deutsche Trader Tells Jury Of Libor-Rigging

Law360, New York (September 27, 2018, 7:28 PM EDT) -- Another former Deutsche Bank derivatives trader on Thursday told a Manhattan federal jury that he pushed colleagues at the German lender to alter London Interbank Offered Rate submissions to benefit his trading positions, which cheated his counterparties.

A former Deutsche trader told the trial in New York of two former directors of the bank how he and others at the German lender gamed Libor to reap huge windfalls. (AP) Former Deutsche trader Timothy Parietti took the witness stand in the trial of Matthew Connolly, 53, the former director of Deutsche Bank's pool trading desk in New York, and Gavin Black, 48,...

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