NatWest Markets, a British financial firm, pleaded guilty on Monday to fraud charges tied to the bank’s manipulation of U.S. Treasury markets in a case Justice Department officials touted as part of its clampdown on repeat corporate wrongdoers.

NatWest Markets, which was represented by a team at Wilmer Cutler Pickering Hale and Dorr, pleaded guilty to one count each of wire fraud and securities fraud in federal court in Connecticut, and agreed to pay $35 million in fines and restitution and submit to three years of probation.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]