The most internationally recognized banking institutions in the world face a wave of lawsuits in the UK this autumn to compensate for billions of dollars of losses incurred as a result of their traders rigging […]
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Tag: Rate Rigging
Former UBS Trader Given 14 Year Sentence For Manipulating Interest Rates
Former UBS trader Tom Hayes has been found guilty of rigging global interest rates by a London court. The 35-year-old has been sentenced to jail in the first ever trial of an individual for Libor […]