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Two City traders who were jailed for rigging interest rates have their convictions quashed at the Supreme Court

 July 23, 2025

Former Citigroup and UBS trader Tom Hayes was found guilty of multiple counts of conspiracy to defraud over manipulating the London Inter-Bank Offered Rate (Libor) between 2006 and 2010.

https://www.dailymail.co.uk/news/article-14931999/City-traders-jailed-rigging-rates-convictions-quashed.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

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