UK financial regulator the Financial Conduct Authority (The FCA) has decided to prohibit Tom Hayes from performing any function in…
Read More
UK Court issues $1.2 million confiscation order to Tom Hayes
Southwark Crown Court today ordered Tom Hayes, the first individual to be convicted for the manipulation of LIBOR, to pay…
Read MoreCourt of Appeal reduces Tom Hayes sentence for LIBOR manipulation
The UK Court of Appeal today ruled to reduce the prison sentence of former UBS and Citi trader Tom Hayes,…
Read MoreFirst LIBOR trader charged to face trial says he only wanted “to do job perfectly…”
Tom Hayes, a former yen derivatives trader tied to LIBOR based in Tokyo, has pleaded not guilty to eight counts of conspiracy to defraud between 2006 and 2010 — an offence that can carry a 10-year jail sentence.
Read More