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Ex-Banker to Pay $151,621 for Giving Insider Trading Tips to Girlfriends

Ex-Banker to Pay $151,621 for Giving Insider Trading Tips to Girlfriends (Bloomberg)

Thomas Ammann, the former Mizuho International Plc banker sentenced to 32 months in prison for giving inside trading tips about deals to two of his girlfriends, must repay 94,568 pounds ($151,621), a judge ruled today. Ammann, a German citizen who worked on the Mizuho team advising Canon Inc. (7751) on its 2009 takeover of OCE NV, agreed to repay the profits from his crime within 14 days to the U.K. Financial Conduct Authority.

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