• Christian Bittar pleaded guilty to Euribor-rigging in London • The ex-Deutsche Bank trader once got a $126 million bonus
Christian Bittar was once among Deutsche Bank AG’s highest-paid traders, a math whiz who earned a near 90 million-pound ($126 million) bonus in 2008 alone. Now he’s sitting in a U.K. prison.
The 46-year-old former star banker pleaded guilty in a London court on March 2 to conspiring to rig the interest-rate benchmark known as Euribor. He’s in custody and will be sentenced after a related trial ends this summer. A court lifted reporting restrictions on his plea Thursday.
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