Bogucki’s defence fights for dismissal again
Defence says there was no fiduciary relationship because each party understood they were acting in their own interest
A foreign exchange specialist at Hewlett-Packard who told US prosecutors that he never trusts banks admitted to intentionally “bluffing” to get better pricing from Barclays, while negotiating a £6 billion options trade in 2011 with the bank and Robert Bogucki, its former head of FX trading in New York.
“I would say I was bluffing,” the HP employee testified, according to court documents.
Lawyers representing Bogucki have filed a second motion to dismiss the superseding indictment against him
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