Banker ‘fixed lending rate’

A senior banker has appeared in court accused of fixing a key lending rate. Former Deutsche Bank trader Andreas Hauschild, 54, is accused of rigging the Euribor rate, Southwark Crown Court heard. The German is said to have manipulated the interest rate bench mark, which underpins £138 trillion in financial products, between 2005 and 2009. It is claimed that he conspired with other bankers from Deutsche Bank, Barclays and Societe Generale. He spoke only to confirm his name when he…