LONDON, July 12 (Reuters) - A French former Barclays trader, who was tried in absentia by a London criminal court, has been convicted by a jury of conspiring to rig global Euribor interest rates in a five-year scam.
Philippe Moryoussef, a 50-year-old former senior derivatives trader, was found guilty of conspiracy to defraud by dishonestly manipulating Euribor - or Euro interbank offered rate - between January 2005 and December 2009 after an 11-week trial.
The jury at Southwark Crown Court acquitted Achim Kraemer, a Deutsche Bank manager still employed by the bank. The jury were unable to reach a verdict on the other three traders on trial. (Reporting by Kirstin Ridley, editing by Silvia Aloisi)