Former Deutsche Bank manager acquitted in London Euribor rigging trial

By Kirstin Ridley LONDON (Reuters) - A former Deutsche Bank managing director, who was extradited from Italy to face criminal charges that he helped to manipulate global Euribor interest rates, has been cleared by a London jury. Andreas Hauschild, a 54-year-old German who ran Deutsche Bank's Frankfurt team responsible for rate submissions, was promptly and unanimously acquitted by a jury at Southwark Crown Court. The seventh benchmark manipulation case brought by the UK Serious Fraud Office (SFO) brings to a close a string of prosecutions drawn from a seven-year criminal investigation into allegations that bankers rigged two key interest rate benchmarks, Libor and Euribor, for profit

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