Crime & Justice
Court overturns Christian Bittar's conviction for Euribor rate rigging
October 9, 2026 at 06:00 PM
Coverage
2 reports · over 1 hour
The Court of Appeal has quashed former Deutsche Bank trader Christian Bittar's 2018 conviction for rigging the Euribor benchmark, making him the eighth trader exonerated.
- The Court of Appeal quashed Bittar's 2018 fraud conviction for manipulating the Euro interbank offered rate.
- Five former Barclays traders — Jay Merchant, Jonathan Mathew, Philippe Moryoussef, Alex Pabon and Colin Bermingham — had their convictions quashed on Wednesday.
- Bittar said: "I have waited a very, very long time for this day."
- Peter Johnson, the only trader still convicted of rate rigging, has filed provisional grounds to appeal his conviction.

