Financial Crime Financial Crime

Ex-Deutsche Bank traders push to kill Libor convictions, arguing prosecutors had made 'new rule'

By Richard Vanderford
  • 14 Apr 2021 17:48
  • 14 Apr 2021 17:48
Two former Deutsche Bank traders should be cleared of convictions for manipulating the interest benchmark Libor, their lawyers told a US appeals court, arguing that prosecutors had criminalized what were normal practices.

Prosecutors' "moral intuition" shouldn't be used to retroactively judge what were normal banking practices, Seth Levine, a lawyer for ex-trader Gavin

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