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The Financial Conduct Authority (FCA) has announced the suspension of the former Deutsche Bank trader, Michael Ross Curtler, in connection with the LIBOR rate-rigging scandal. According to the FCA’s official press release, the incriminated ex-worker can no longer provide services to the financial industry in the UK.
Mr. Curtler was found guilty by a New York court on October 8th 2015. The United States District Court stated that he was involved in the manipulation of Deutsche Banks’s US dollar LIBOR submission. Currently, the former trader awaits incarceration and faces a maximum prison sentence of 30 years. In addition, the court ... (read more)