NEW YORK (Reuters) - A former trader at Barclays Plc (L:BARC) 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, (PA:BNPP) 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.