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Ex-bankers jailed for rigging rates have convictions quashed

BBC BusinessWednesday, October 7, 2026 at 12:28 PM

RedScroll Brief

Ex-bankers jailed for rigging rates have convictions quashed
Image via BBC Business

Jay Merchant, Jonathan Mathew, Philippe Moryoussef, Alex Pabon, Colin Bermingham had their convictions overturned by the Court of Appeal.

RedScroll Signal

Impact
High
Category
Business
Market relevance
High
Why it matters
Corporate and market moves reprice risk and reveal where power and cash are concentrating. Jay Merchant, Jonathan Mathew, Philippe Moryoussef, Alex Pabon, Colin Bermingham had their convictions overturned by the Court of Appeal. Investors will watch earnings, rates, and competitive positioning connected to Business.
Read original source → BBC BUSINESSEdition 2026-10-07

Desk copy

RedScroll Briefing

Extractive editorial brief — not a reprint of the original

What happened

Jay Merchant, Jonathan Mathew, Philippe Moryoussef, Alex Pabon, Colin Bermingham had their convictions overturned by the Court of Appeal.

Why it matters

Corporate and market moves reprice risk and reveal where power and cash are concentrating.

Background

BBC Business reported on this under business. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.

Timeline

  1. BBC Business published: Ex-bankers jailed for rigging rates have convictions quashed

  2. Story is in today’s RedScroll edition. Follow the original source for updates.

Economic impact

Investors will watch earnings, rates, and competitive positioning connected to Business.

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Source

BBC Business

Original reporting by BBC Business. RedScroll provides an extractive briefing only.