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Tom Hayes

  • Tom Hayes sues UBS over Libor scandal

    Banking

    Tom Hayes is suing his former employer UBS, alleging it handed him on a “silver platter” to white-collar crime prosecutors to safeguard the interests of the Swiss lender and its leadership. The former trader, who became the face of the Libor rate-rigging scandal when he was sentenced to nine years in a UK prison in [...]

    Tom Hayes spent five and a half years in prison, before his conviction was eventually overturned last month (Photo by: Betty Laura Zapata/Bloomberg via Getty Images)
  • Tom Hayes on life as a free man: ‘I was in a very dark place’

    Banking

    Tom Hayes became one of the most infamous names in the Square Mile after he was convicted to 14 years in prison for rigging the Libor interest rate in 2015. It took a decade for him to clear his name. Ali Lyon meets the former banker to hear about life in prison, and what comes [...]

    Tom Hayes spent five and a half years in prison, before his conviction was eventually overturned last month (Photo by: Betty Laura Zapata/Bloomberg via Getty Images)
  • Tom Hayes’ crime in Libor case was to be a banker when that was unpopular

    Opinion

    Tom Hayes’ original trial for Libor rate-rigging made a mockery of our justice system and he is now, rightly, an innocent man, say his solicitors Karen Todner and Sarah Tighe We helped Tom Hayes in his decade-long fight to clear his name – a difficult journey filled with setbacks and heartbreak. He is now, rightly, [...]

    Libor: Tom Hayes outside Supreme Court
  • City traders’ exoneration in Libor case proves the importance of jury trials

    July 23, 2025

    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 [...]

  • 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.

  • Tom Hayes’ lawyer accuses Court of Appeal judge of conflict of interest

    April 3, 2024

    Lawyer Karen Todner has written to the court highlighting Mr Justice Bryan's position on the appeal panel after she discovered he sat one of the previous EURIBOR interlocutory appeals for Christian Bittar.

  • Tom Hayes and Carlo Palombo: Leading politicians say ex-bankers’ rate-rigging appeal should go to Supreme Court

    April 3, 2024

    Three senior politicians have called for two ex-bankers jailed for rigging interest rates to have their appeal heard by the Supreme Court.

  • Criminal Commission consider report alleging Tom Hayes was wrongfully convicted for Libor rigging

    July 26, 2021

    An academic paper that claims Tom Hayes was wrongfully convicted for rigging Libor interest rates is under review by the Criminal Cases Review Commission (CCRC). It’s the latest development in an ongoing inquiry by the CCRC – the body responsible for investigating suspected miscarriages of justice – into the former trader’s case. The CCRC confirmed [...]

  • Tom Hayes Libor conviction being examined for miscarriage of justice

    February 22, 2021

    Tom Hayes’ conviction for rigging Libor interest rates is being examined by the Criminal Cases Review Commission, a body set up to review allegations of miscarriages of justice. The former UBS trader was found guilty of manipulating Libor in 2015, making him the first trader convicted by jury of rigging Libor global interest rates. He [...]

  • Doner kebab top of the list for convicted Libor-rigger Tom Hayes after he’s freed from jail

    January 29, 2021

    Doner kebab top of the list for convicted Libor-rigger Tom Hayes after he's freed from jail

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