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Ex-Barclays trader pleads guilty in U.S. in forex probe

Wed, 04th Jan 2017 20:19

NEW YORK, Jan 4 (Reuters) - A former trader at Barclays Plc pleaded guilty on Wednesday to U.S. charges arisingfrom a global investigation of the manipulation offoreign-exchange prices at major banks, the U.S. JusticeDepartment said.

Jason Katz, a former trader at Barclays who later worked atBNP Paribas SA, pleaded guilty in federal court inManhattan to participating in a price-fixing conspiracy,becoming the first individual to admit wrongdoing in thecriminal probe. (Reporting by Nate Raymond in New York; Editing by Dan Grebler)

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