Ex-Barclays bankers jailed for Euribor rigging

Carlo Palombo and Colin Bermingham were sentenced on Monday by a UK court for manipulating Euribor rates during the financial crisis.

  • By Jasper Cox
  • 01 Apr 2019

Palombo used to be vice president of euro rates at Barclays, and Bermingham was a managing director at the bank. They conspired with Christian Bittar, formerly principal trader at Deutsche Bank, and Philippe Moryoussef, formerly a director at Barclays, to submit false or misleading Euribor submissions.

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