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Tom Hayes sentenced to 14 years for Libor rigging

Tom Hayes sentenced to 14 years for Libor rigging

Tom Hayes, a former star trader at UBS and Citigroup, has been sentenced to 14 years in prison for conspiring to rig Libor, the first conviction in the global scandal over the manipulation of benchmark interest rates. Martin Arnold talks to Lindsay For...

FT News in Focus · Financial Times

August 4, 20157m 31s

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Show Notes

Tom Hayes, a former star trader at UBS and Citigroup, has been sentenced to 14 years in prison for conspiring to rig Libor, the first conviction in the global scandal over the manipulation of benchmark interest rates. Martin Arnold talks to Lindsay Fortado about the implications of the case.

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