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ABC News · Oct 8, 2026 10:27 AM EDT MacroFinance

5 traders jailed for rigging key interest rates have their convictions quashed

A British court has quashed the convictions of five traders accused of manipulating benchmark interest rates, in a scandal stemming from the 2008 financial crisis

5 traders jailed for rigging key interest rates have their convictions quashed
Image ABC News

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How this story developed

3 reports over 2 days
  1. New York Post Business Deadline extended for student loan borrowers looking to reduce interest rates Strong bullish +56
  2. Market Watch Options traders are betting on a dramatic drop in interest rates Strong bullish +73
  3. ABC News You're reading this 5 traders jailed for rigging key interest rates have their convictions quashed Strong bearish −62

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