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SFO brings further charges against ex-Barclays bankers in Libor probe

The Serious Fraud Office has launched criminal proceedings against three former employees at Barclays Bank in connection with the Libor rigging scandal.

Jay Vijay Merchant, Alex Julian Pabon and Ryan Michael Reich are charged with conspiracy to defraud.

The SFO began investigating Libor rigging in July 2012 and has already brought charges against nine other City workers.

Among them are three other former Barclays Bank staff Peter Charles Johnson, Jonathan James Matthew and Stylianos Contogoulas who were charged in February.


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