Ex-Deutsche Bank Trader Conviction Quashed
Christian Bittar successfully appealed his rate-rigging conviction in London. The court quashed the judgment following recent legal rulings that affected multiple major cases.
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Christian Bittar, a former Deutsche Bank AG-REGISTERED trader convicted of conspiring to rig interest rates, had his conviction quashed on Friday afternoon in the United Kingdom. The ruling marks the sixth rate-rigging conviction overturned this week by appellate judges. The decision deals another blow to the Serious Fraud Office following a Supreme Court ruling on legal errors.
