Ex-Barclays Trader Guilty of Rate Rigging Faces Extradition (2)

A former Barclays Plc trader who fled to France before he was convicted of helping to rig a key benchmark is facing extradition proceedings that could lead to him being sent to the U.K. to serve his sentence.

The status of Philippe Moryoussef, who was found guilty in 2018 of conspiracy to manipulate the Euro Interbank Offered Rate, is scheduled for an extradition hearing in Paris next week. He was sentenced in absentia to eight years in prison after fleeing London days before the trial began.

Philippe Moryoussef in 2017.

Photographer: Simon Dawson/Bloomberg

The 52-year-old is one of several bankers convicted of rigging Euribor in ...