Ex-Barclays Banker Admits Guilt In Libor Case

A former Barclays banker has pleaded guilty to a charge relating to the rigging of the Libor inter-bank lending rate, it has been revealed. The Serious Fraud Office (SFO) announced the development after the judge in the trial of five other former Barclays employees lifted an order banning the publication of Peter Johnson's guilty plea. The order was originally imposed for fear his admission might prejudice the trial, which is taking place at London's Southwark Crown Court.