#Latest news with #ex-BarclaysPlcBloomberg27-03-2025BusinessBloombergEx-UBS Trader Tom Hayes Manipulated Libor to Boost Profit, SFO SaysEx- UBS Group AG star trader, Tom Hayes, agreed to manipulate and rig Libor to dishonestly boost profits, prosecution lawyers said asking the UK's top court to reject attempts to overturn his conviction. The Supreme Court appeal over the conviction of Hayes and ex-Barclays Plc trader Carlo Palombo for rigging Libor and Euribor will come to an end on Thursday. The judges will have to weigh whether the Britain's first and most high profile criminal trial over rate rigging was unfair.
Bloomberg27-03-2025BusinessBloombergEx-UBS Trader Tom Hayes Manipulated Libor to Boost Profit, SFO SaysEx- UBS Group AG star trader, Tom Hayes, agreed to manipulate and rig Libor to dishonestly boost profits, prosecution lawyers said asking the UK's top court to reject attempts to overturn his conviction. The Supreme Court appeal over the conviction of Hayes and ex-Barclays Plc trader Carlo Palombo for rigging Libor and Euribor will come to an end on Thursday. The judges will have to weigh whether the Britain's first and most high profile criminal trial over rate rigging was unfair.