A Goldman Sachs Group Inc. investment banker ensnared in a global insider-trading ring pleaded guilty to conspiracy on Tuesday, admitting he passed confidential information stolen from the bank to a trader in Switzerland.

Bryan Cohen’s guilty plea on Tuesday came as another alleged member of the ring, Telemaque Lavidas, stood trial in the same Manhattan courthouse.

Cohen, 33, was arrested in October and accused of passing tips about pending mergers, using burner phones and speaking in code. Goldman placed Cohen on paid leave after his arrest.