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The former employees have been charged with 'conspiracy to defraud' in proceedings that come after Deutsche Bank, Barclays, Royal Bank of Scotland and Société Générale admitted their involvement in a Euribor cartel in 2013.
The accused
Barclays Bank employees Colin Bermingham, Philippe Moryoussef, Sisse Bohart and Carlo Palombo will be defended by Herbert Smith Freehills, Hickman Rose, Morton L Wagner, and Simon Muirhead and Burton respectively.
Deutsche Bank employees accused include high profile trader Christian Bittar, Achim Kraemer, Andreas Hauschild, Joerg Vogt, Ardalan Gharagozlou and Kai-Uwe Kappauf. They will be represented by K&L Gates, Howard Kennedy, Hickman Rose, Stephenson Harwood, Kingsley Napley, and Brown Rudnick respectively.
Representing the SFO
Emma Deacon of 5 Paper Buildings and James Waddington QC of 9-12 Bell Yard will represent the SFO, which stated that criminal proceedings will be issued against other individuals 'in due course'. Source: Legal Business
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