WebI became a pawn for UBS, claims freed Libor trader Tom Hayes. Ben Martin, Senior City Correspondent. Monday February 01 2024, 5.00pm, The Times. ... Tom Hayes, 41, ... WebDec 19, 2012 · As part of the ongoing criminal investigation by the Criminal and Antitrust Divisions of the Justice Department and the FBI into LIBOR manipulation, two former …
I became a pawn for UBS, claims freed Libor trader Tom Hayes - The Times
WebNov 11, 2015 · The decision of UBS Group AG managers to lowball Libor submissions during the financial crisis was openly discussed by Tom Hayes and a broker accused of helping him rig the benchmark rate, according to e-mails presented in a London court. When Darrell Read, a broker at ICAP Plc on trial in London, complained in 2007 that the rates were low ... WebNov 26, 2024 · When Hayes was bitter, his bitterness was directed at the UBS and the bosses who threw him under a bus. “All my managers knew everything I did,” he maintains. Hayes doesn’t say so himself, but there’s a possible whiff of classism about his sacrifice – in a world where traders are increasingly drawn from the middle and upper middle classes, … ful k4151
US court drops Libor rate-rigging charges against ex-UBS trader
WebCooke J and a jury, Tom Hayes (“the appellant”) was convicted on eight counts of conspiracy to defraud in relation to the manipulation of the Japanese Yen London Interbank Offered Rate (“Yen LIBOR”). On 3 August 2015, he was sentenced to a total of 14 years imprisonment. Although indicted for numerous offences of WebJan 15, 2015 · Tom Hayes, a former derivatives trader at UBS and Citigroup in Tokyo, was arrested in Surrey on 11 December 2012 by officers from the SFO and City of London Police in connection with an SFO investigation into the manipulation of in Japanese Yen LIBOR. Hayes’ trial at Southwark Crown Court began on 26 May 2015. WebSome drug abuse treatments are a month long, but many can last weeks longer. Some drug abuse rehabs can last six months or longer. At Your First Step, we can help you to find 1 … ful k4150