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

Tom Hayes, the first trader ever jailed for interest rate rigging, had his conviction overturned by Britain’s top court Wednesday after a years-long fight to clear his name.

Eight banks have successfully met the new minimum capital requirements stipulated for their licenses, the Central Bank of ...

Supreme Court justices today unanimously quashed the fraud convictions of two former City traders, finding their trial judges’ directions to the juries were ‘inaccurate and unfair’. Tom Hayes and ...