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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)
  • Former City traders set for Supreme Court showdown

    Legal

    Former City traders convicted of the rate-rigging scandal are now playing their last card this week by taking their case to the highest court

    Libor: Tom Hayes outside Supreme Court
  • Tom Hayes: Ex-Libor trader compares himself to Alan Bates as calls grow for appeal to go to Supreme Court

    Banking

    Tom Hayes, the ex-banker jailed for rate-rigging, has said he was "scapegoated" and compared himself to Post Office campaigner Alan Bates amid calls for his appeal to go to the Supreme Court.

    Hayes has said he will apply to the Court of Appeal to take his case to the Supreme Court. (Jordan Pettitt/PA Wire)

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