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Ex-Barclays Trader Merchant Gets Libor Rigging Sentence Cut

Ex-Barclays Trader Merchant Gets Libor Rigging Sentence Cut

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.



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Ex-Barclays Trader Merchant Gets Libor Rigging Sentence Cut

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