Conviction of former Deutsche Bank trader Christian Bittar overturned
DB Deutsche Bank AG
$33.63 +0.24%
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- 1An appeals court overturned the conviction of former Deutsche Bank trader Christian Bittar, who was imprisoned in 2018 on charges of manipulating the Euribor benchmark interest rate.
- 2Bittar's family lost 15 precious years due to this case.
- 3Bittar said the unfairness experienced by himself and others has finally been recognized.
So what's the key point?
The conviction of a former Deutsche Bank trader for interest rate manipulation has been canceled. This result recognizes the unfairness faced by the individual who had served time in prison.
Source Bloomberg +1 · View original ↗
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