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Ex-Barclays trader pleads guilty in U.S. in forex probe
January 4, 2017 / 8:21 PM / in 7 months

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

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

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

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