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Conviction Overturned: Tom Hayes Slams Libor Trial as ‘Disgusting’
Posted
July 24, 2025
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July 24, 2025
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2:44Now PlayingOn Wednesday, the UK Supreme Court quashed the convictions of Hayes and ex-Barclays Plc trader Carlo Palombo, stating that the juries had been misdirected by judges at both criminal trials. Hayes was given an 11 year sentence after appeal for rigging Libor in 2015, while Palombo was jailed for four years in 2019 for manipulating Euribor. Former UBS Group trader Tom Hayes Spoke to Stephen Carroll and Joumanna Bercetche on Bloomberg Radio.
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