Barclays Libor trial delayed following new information

UK prosecutors have delayed the start of their third Libor trial following new information being brought forward by Barclays, the former employer of the latest round of traders charged with conspiracy to manipulate financial benchmark interest rates. The trial may now be delayed until mid-April says the Serious Fraud Office (SFO). The nature of the material that has come to light has not been determined and Barclays and the SFO have declined to provide further detail.

By Evan Weinberger (February 8, 2016, 5:25 PM EST) -- U.K. prosecutors on Monday reportedly asked to delay their third trial over alleged Libor manipulation, saying Barclays PLC provided more information they might need to review....

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