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Trading

Trading

Discussion and information about the financial markets.

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Posted byephroin/trading-Jun 02, 2016 at 1:35 PMΔ

Trader jailed for 14 years over Libor rate-rigging - BBC News

Trader jailed for 14 years over Libor rate-rigging - BBC News

Former City trader Tom Hayes has been found guilty at a London court of rigging global Libor interest rates. He was sentenced to 14 years in prison for conspiracy to defraud. The 35-year old is the first individual to face a jury trial for manipulating the rate, which is used as a benchmark for trillions of pounds of global borrowing and lending.

bbc.com
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Trading

Trading

Discussion and information about the financial markets.

21 members
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