One more ex-banker jailed for rigging rates has conviction overturned

Another former banker sentenced in one of the biggest scandals of the financial crisis has had his conviction overturned following a long-running legal battle.

The Court of Appeal has quashed the conviction of Christian Bittar, a former Deutsche Bank trader who went to prison in 2018 for "manipulating" the benchmark interest rate, Euribor.

It comes after the same UK court overturned five convictions of ex-Barclays bankers in the rate rigging trials earlier this week.

Bittar, who watched proceedings via video…