FCA has banned Michael Ross Curtler, a former trader at Deutsche Bank AG, from the UK financial services industry for lacking honesty and integrity following a criminal conviction for fraud in the US. In October 2015, Mr Curtler pleaded guilty in the US for his role in a conspiracy to manipulate Deutsche’s USD LIBOR submissions. Between 2000 and 2012 Mr Curtler traded a variety of financial instruments tied to USD LIBOR. On occasion he altered these submissions at the request of Deutsche traders to manipulate the position to favour the Deutsche and other traders’ positions. In this period Mr Curtler also solicited requests from traders to make such alterations. (Source: FCA bans former Deutsche trader following LIBOR fraud)