Three former employees of Barclays Bank plc—all US nationals—were convicted last week by a UK jury in connection with their alleged role in the manipulation of the US Dollar LIBOR benchmark from June 2005 through September 2007. The three individuals were Jonathan James Mathew, Jay Vijay Merchant and Alex Julian Pabon. Following this conviction, the presiding judge in the matter sentenced Mr. Merchant to a prison sentence of six and one-half years, Mr. Mathews, to four years and Mr. Pabon to two years and nine months. In sentencing the three defendants, the presiding judge said their behavior demonstrated “an absence of integrity.” Another ex-Barclays’ trader, Peter Johnson, was also sentenced for the same offenses on July 7 to four years in prison; he had pleaded guilty to the offenses in October 2014.