Two ex-Rabobank traders charged

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Two ex-Rabobank traders have been charged by the US Department of Justice with manipulating the Libor rate.

BBC News reports that the two are Anthony Allen, 43, of Hertfordshire, England and Anthony Conti, 45, of Essex, England.

They were charged by US authorities with conspiracy to commit wire fraud and bank fraud in an effort to manipulate Libor for Rabobank's financial gain.

That brings the total number of indicted Rabobank employees to six.

An earlier indictment had previously named traders Tetsuya Motomura, 42, of Tokyo, Japan and Paul Thompson, 48, of Dalkeith, Australia, as well as Paul Robson, a former Rabobank Libor submitter.

Hit the link below to access the complete BBC News article:

Libor: Two ex-Rabobank traders charged in US suit

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