04-01-2017 21:20 via uk.news.yahoo.com

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

NEW YORK (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
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