From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel. AUDIE CORNISH, HOST: And I'm Audie Cornish. On Wall Street, many things are bought and sold, including, occasionally, interest rates.
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In an update earlier last year, we highlighted the ongoing legal developments in connection with key cases surrounding the London InterBank Offered Rate (LIBOR) manipulation scandal with respect to a ...
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A $400 million lawsuit against UBS is designed to punish banks who throw employees to the wolves
In August 2015, former UBS banker Tom Hayes sat in a London courtroom after being found guilty of eight counts of conspiracy to defraud, for his involvement in the Libor interest-rate rigging scandal.
NEW YORK (Reuters) -Tom Hayes, the former trader who was a face of the global Libor-rigging scandal before his conviction was overturned in July, sued his former employer UBS for more than $400 ...
Tom Hayes is the first individual to be convicted in the Libor fixing scandal and has been sentenced to 14 years in prison. During the course of the 9-week trial, the 35-year-old trader was portrayed ...
Barclay's recently admitted to rigging the London InterBank Offered Rate (LIBOR) and agreed to pay U.S. and British regulators $450 million dollars in penalties to settle the case. Then the heads ...
The City trader wrongfully jailed for rigging a key interest rate during the financial crisis has slammed a 'Kafkaesque' justice system that is putting at risk his first holiday abroad since his ...
The latest global financial scandal may be the biggest of all, involving a benchmark used to set interest rates for contracts worldwide. It's the London Interbank Offered Rate, or LIBOR. As the world ...
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