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09 Dec 2020

Partner David Corker quoted in media on Euribor-rigging convictions

Partner David Corker has been quoted in the media on the news that ex-Barclays bankers have lost an appeal against Euribor-rigging convictions.

He said: “having established that this juror had no expert or special knowledge of how Libor or Euribor worked and that UBS was not implicated by the prosecution as part of its case the court held that it is not only permissible but beneficial that jurors apply their experience of life to their task of deliberating on an accused’s guilt. It held that were this allegation of bias to be upheld, it would entail that no one who had worked for a bank or who had followed business media reports about the Libor scandal would be eligible.”

Click here to read the full article in Bloomberg, Thomson Reuters, and MarketScreener.