In an update earlier last year, we highlighted the ongoing legal developments in connection with key cases surrounding the ...
And I'm Audie Cornish. On Wall Street, many things are bought and sold, including, occasionally, interest rates. That happened today. The owner of the New York Stock Exchange bought LIBOR, a hugely ...
Five former Barclays traders jailed in Britain for manipulating global benchmark interest rates can mount a fresh appeal after the Criminal Cases Review ...
Last week, in the U.S. District Court for the Southern District of New York, a jury found two former Rabobank traders, Anthony Conti and Anthony Allen, guilty of wire fraud and conspiracy for their ...
Referral comes after supreme court overturned convictions of two other traders, Tom Hayes and Carlo Palombo ...
The more the world learns about international banking, the more it looks like a "cheating culture." We hear about the growing LIBOR scandal and what it could mean for $350 trillion in contracts from ...
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.
The JustPod is a podcast of the American Bar Association's Criminal Justice Section, hosted by Justin Danilewitz and Geonard Butler. This ...
(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 million, saying ...
The former banker spent five years in prison for his involvement in the manipulation of the benchmark rate. UnitedHealth Group Reports Earnings on Tuesday. What to Expect. UnitedHealth stock is down ...
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 ...