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  • City traders’ exoneration in Libor case proves the importance of jury trials

    Opinion

    The Supreme Court has today ruled that juries were misdirected in the original trials of Tom Hayes and Carlo Palombo for Libor fraud, affirming an important principle of criminal justice, says Ellen Gallagher The Supreme Court today overturned the convictions of Tom Hayes and Carlo Palombo, convicted and imprisoned in 2015 and 2019 respectively for [...]

    Financial market trader Tom Hayes, who was jailed alongside Carlo Palombo over interest rate benchmark manipulation, outside the Royal Courts Of Justice ahead of a Court of Appeal ruling over whether their convictions should be overturned. (Jordan Pettitt/PA Wire)

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