Skip to content
CityAM
Main navigation
Sign Up
  • News
    • Latest News
    • Property
    • Media
    • Technology
    • Retail and leisure
    • Transport and infrastructure
    • Law & professional services
    • Legal Notices
    • Banking
    • Politics
    • CFA Institute Talk
  • Markets & Economics
    • Markets & Economics News
    • Economics
    • Markets
    • The Trend Micro Cybersecurity Knowledge Hub
    • Talk Crypto
    • M&A Talk
  • Crypto A.M.
    • Crypto News
    • Crypto Magazine
    • Crypto AM Summit & Awards 2022
  • Opinion
    • Features
    • Letters
    • The City View
  • Money
    • Jobs and Money News
    • Personal Development
    • Jobs
    • Fintech
    • Money
    • Personal Finance
    • Nine smart ideas for improving your financial outlook
    • Warwick Business School
  • Unwind
    • Life & Style
    • Sport
    • The Punter
    • The Magazine
    • Travel
    • Sport Business
    • The Punter Podcast
    • Culture
    • Six Nations 2023
    • LIV Golf
    • Aramco Team Series
  • Impact A.M.
    • Impact A.M.
    • DiverCity Podcast
    • Partner Hubs
  • Latest Paper
  • Jobs
  • CityAM Awards 2023
  • Charity

Tom Hayes

  • Tom Hayes Libor-rigging trial: Broking market described as the Wild West

    June 16, 2015

    The former trader on trial for alleged interest rate rigging described the broking market he worked in as being like the “Wild West” in court yesterday.   Former UBS and Citigroup yen derivatives trader Tom Hayes told the court that the market had no rules and relationships in the sector relied on lavish entertainment.   [...]

  • Tom Hayes recruited accomplices to manipulate Libor, court told

    May 27, 2015

    Former UBS and Citi trader Tom Hayes spent years recruiting other bankers and brokers to help him manipulate Libor submissions, prosecutors claimed yesterday. Hayes, the first trader to face accusations in front of a jury, denies eight charges of conspiracy to defraud. Southwark Crown Court yesterday heard that he tried to recruit his step-brother, who works at [...]

  • Libor case: Senior Bank of England official “The Hammer” received emails from Tom Hayes’ brokers

    May 27, 2015

    A senior Bank of England official nicknamed “the Hammer” was sent emails that were part of an alleged campaign to rig the benchmark interest rates, a London court heard today.    Martin Mallett, who at the time was chief currencies dealear at the BoE, was among dozens of people who received an email in 2007 [...]

  • Trader Tom Hayes accused of greed and dishonesty in Libor-rigging scandal

    May 26, 2015

    The first trial of a trader accused of fraudulently attempting to manipulate key interest rate benchmark Libor began in Southwark yesterday.   Prosecutors said Tom Hayes, a 35-year-old former UBS and Citigroup trader, was “greedy” and used his position over several years to engage in the “dishonest rigging of Libor”.   Hayes, who pleaded not [...]

  • Libor-rigging scandal: Tom Hayes lost his Citi job over his methods, prosecutors tell court

    May 26, 2015

    Former trader Tom Hayes was fired in 2010, four years after he started attempting to manipulate Libor, according to the prosecution’s case in court yesterday.   Lawyers presenting the Serious Fraud Office’s (SFO) case in Southwark Crown Court said the former UBS and Citi banker received complaints just months after he started to work at [...]

  • Libor-rigging scandal: As trader Tom Hayes comes to court, wait for justice will soon be over – Bottom line

    May 26, 2015

    Politicians have been screaming for blood over the Libor scandal for years, as fines and firing have not sated their anger with banks.    Now they have a chance to see if one accused trader will be jailed, as the evidence is presented to a jury.   But coming three years after the Barclays fine blew [...]

  • First Libor case with ex-UBS and Citigroup trader Tom Hayes comes to trial at Southwark Crown Court today

    May 26, 2015

    The first criminal trial over allegations of conspiracy to rig the Libor benchmark interest rate will start in London court today. Tom Hayes, a former trader at banks UBS and Citigroup, will appear at Southwark crown court charged with eight counts of conspiring to rig the Libor rate. Hayes previously pleaded not guilty to charges of conspiracy [...]

Posts navigation

  • Previous
  • Page 1
  • Page 2

Trending Articles

  • Inflation to top Bank of England target until at least 2026, Goldman Sachs warn

  • Why have the Bank of England and the IMF been so wrong on the UK economy?

  • House prices continue to fall as buy-to-let landlords sell up

  • Grocery prices cool as government drafts supermarket price cap

Subscribe

Subscribe to the City A.M. newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • About us
  • Advertising
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • News
  • Markets & Economics
  • Opinion
  • Jobs and Money
  • Unwind
  • Crypto A.M.
  • The Punter
  • COP 26
  • Awards 2023

Follow us for breaking news and latest updates

  • Newsletters
  • Latest paper
  • Advertising
  • CryptoAM.io
  • Awards
  • About
  • Tickets
Copyright 2023 City A.M. Limited