2015 interest rate rigging convict Tom Hayes denied appeal permission by UK Supreme Court.
Tom Hayes, the first global trader jailed for interest rate rigging, has been denied permission to appeal his 2015 conviction at the UK's Supreme Court. Hayes, a former Citigroup and UBS trader, was found guilty of conspiring to defraud by manipulating the London Interbank Offered Rate (Libor) and the Euro Interbank Offered Rate (Euribor). The case raises a "point of law of general public importance" and may be considered by the Supreme Court in the future.
May 21, 2024
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