Former Barclays PLC Trader Jay Merchant has had his sentence for rigging a key global interest rate benchmark reduced by 12 months, to five and a half years, in a Wednesday ruling by the London-based Court of Appeal.
Former Barclays PLC Trader Jay Merchant has had his sentence for rigging a key global interest rate benchmark reduced by 12 months, to five and a half years, in a Wednesday ruling by the London-based Court of Appeal.