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Ex-Barclays Bank Trader Allegedly Hit by Boss With Baseball Bat

Posted: Thu May 12, 2016 12:45 pm
by kreslik.news

An ex-Barclays trader who was accused of attempting to manipulate Libor has testified in a London court that he was following the directions of his boss, who he said would “whack” him with a toy bat if he made any mistakes in his work.

Jonathan Mathew, who was responsible for submitting the bank’s view on the London interbank offered rate charged for borrowing various currencies, told the court that his boss, Peter Johnson, instructed him how to submit the rates.

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