Bankers were ‘like cheating Australian cricketers’

A gang of greedy bankers behaved like the cheating Australian cricket team when they plotted to rig a vital lending rate, a court heard. The group were ‘gaming the financial system’ in a scam likened to crickets applying sand paper to the ball to make the ball swing through the air, jurors heard. The bankers are said to have conspired with other traders to manipulate the Euribor lending rate so they could make even more cash on top of their…