Tom Hayes, the first trader ever jailed for interest rate rigging, launched a bid to clear his name at Britain's top court on ...

Tom Hayes, the trader jailed for rigging Libor benchmark rates, has taken his long-standing fight to clear his name to the UK’s highest court, arguing that the original trial that led to his ...

Tom Hayes, the former star UBS Group AG trader who was the face of the Libor rigging scandal, will urge Britain’s top judges ...

Hayes and Palombo argue their convictions depended on a definition of Libor and Euribor which assumes there is an absolute legal bar on a bank's commercial interests being taken into account when ...

The Libor scandal broke out when the banking community was still facing public outrage after the 2008 financial crisis. “As the first person to stand trial in the UK for Libor manipulation ...

Reforms were triggered by controversy over how some banks were reporting the rates at which they “believed” they could borrow and because of some underlying problems with the LIBOR concept. Also, in ...

The UK Financial Services Authority repeatedly failed to act on warnings that banks were trying to rig inter-bank lending rates (mainly Libor) at height of the financial crisis, according to an ...

Two former City traders will have their cases heard before the Supreme Court this week over their criminal convictions for ...

The Supreme Court is set to hear an appeal by former traders Tom Hayes and Carlo Palombo as they challenge their convictions ...