Former City trader’s rate rigging conviction overturned Legal A former City trader previously convicted of rigging the Euribor interest rates has had his fraud conviction overturned. Christian Bittar, formerly a trader at Deutsche Bank, had his conviction overturned by the Court of Appeal on Friday after being sentenced to five years in prison for rigging the primary European interest rate, the Euro Interbank [...]
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 [...]
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
Tom Hayes: Ex-Libor trader compares himself to Alan Bates as calls grow for appeal to go to Supreme Court April 21, 2024 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.