Supreme Court to rule on cases of traders jailed over rate-rigging - Tom Hayes, a former Citigroup and UBS trader, is ...

Four traders are appealing to have their rate-rigging convictions overturned after the Supreme Court quashed two rate-rigging ...

Former financial market traders Tom Hayes and Carlo Palombo, who were found guilty of benchmark interest rate rigging, have ...

Two former City traders who were at the centre of one of the biggest scandals of the financial crisis have had their ...

Tom Hayes was the first person prosecuted over manipulating Libor rates, while Carlo Palombo was later convicted of rigging ...

Carlo Palombo and Tom Hayes have secured victory after a 10-year fight but what are the next steps for the former traders?

Variable-rate bonds New York VRDO rate-rigging case against Wall Street banks advances By Caitlin Devitt November 19, 2024, 11:44 a.m. EST 4 Min Read ...

The British Bankers Association, a trade group in London, collects the rates submitted by a panel of banks, up to 20 banks depending on the panel; Thomson Reuters calculates the rate daily.

Two former bankers jailed for rigging interest rates must have their appeal heard by the Supreme Court, senior politicians have said. Tom Hayes and Carlo Palombo were among 37 City traders ...

MELBOURNE, Australia--The trial of three of Australia's biggest banks on allegations of rigging the country's benchmark interest rate was adjourned until next week to allow the lenders more time ...

But the banks’ only reason to tamper with the ISDAfix rate, he said, was to boost profits or avoid losses on interest rate swaps, options and even more exotic derivatives pegged to the benchmark.