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Jury hears tape of Nomura bond trader

Sony Recorder

The three former Nomura bond traders on trial for lying to their customers about bond prices haven’t said whether they’ll testify in their own defense. But jurors still heard from one of them as he allegedly prepared to lie to a client.

Ex-BofA trader spared prison

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A former Bank of America derivatives trader who pleaded guilty to conspiring to falsify documents was spared prison on Friday after spending years helping the government probe bid-rigging in the $3.7tril municipal bond market.

Former C Suisse trader avoids prison

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A former London-based Credit Suisse trader was spared prison on Tuesday over his role in artificially inflating subprime mortgage bond prices, in one of the few U.S. criminal prosecutions stemming from the financial crisis.

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Jury hears tape of Nomura bond trader

The three former Nomura bond traders on trial for lying to their customers about bond prices haven’t said whether they’ll testify in their own defense. But jurors still heard from one of them as he allegedly prepared to lie to a client.