A former Treasury adviser has been charged over Britain's biggest-ever insider trading scandal.
The Financial Service Authority charged four men on Monday over their alleged involvement in a four-year conspiracy netting a reported £3 million.
One of those charged is Martyn Dodgson - a former managing director in Deutsche Bank's corporate broking team which advised the Treasury on its stakes in Royal Bank of Scotland and Lloyds Banking Group.
Andrew Hind of north London, Benjamin Anderson of Surrey and Iraj Parvizi of Spain are likewise accused of "front running" - buying up stocks ahead of major purchases by their own clients.
The charges result from Operation Tabernula, the largest and most complex investigation of its kind in the City's history, involving both the Authority and the Serious Organised Crime Agency.
If convicted the men could be banned from working in the City and sentenced to up to seven years behind bars.
The four have been bailed to appear at Westminster magistrates' court on October 19.
Five other people were arrested in connection with the case but have not been charged.