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UK Supreme Court Overturns Tom Hayes’ Libor-Rigging Conviction

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Source: CNN
UK Supreme Court Overturns Tom Hayes’ Libor-Rigging Conviction
Photo: CNN
TL;DR

The UK Supreme Court unanimously overturned the conviction of former trader Tom Hayes for Libor interest rate rigging, citing unfair trial procedures and the right to a fair defense, after Hayes served five and a half years of an initial 14-year sentence.

Topics:businessworld#court-overturns-conviction#interest-rate-manipulation#libor-rigging#tom-hayes#uk-supreme-court#world
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  1. Court overturns ex-Citi trader Hayes’ criminal conviction for interest rate rigging  CNN
  2. City traders have rate-rigging convictions quashed  BBC
  3. Tom Hayes’ conviction for Libor-rigging quashed by UK’s highest court  Financial Times
  4. Ex-trader Tom Hayes wins appeal to overturn rate-rigging conviction  Reuters
  5. Two City traders win appeals against rate rigging convictions after ‘Kafkaesque nightmare’ – business live  The Guardian

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