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Hayes' fight over Libor-rigging conviction lands at UK Supreme Court

By Phoebe Seers and Martin Coyle ( March 24, 2025, 11:12 GMT | Insight) -- Former trader Tom Hayes, convicted of rigging the benchmark Libor interest rate a decade ago, sees his long fight to clear his name arrive at the UK’s highest court tomorrow. The former UBS and Citibank trader had his case dismissed by the Court of Appeal in April 2024. This week, though, a panel of five Supreme Court judges will consider whether a Libor submission is automatically dishonest if it is influenced by commercial considerations.Tom Hayes, the poster child for the UK’s Libor-rigging convictions a decade ago, will appear at the UK’s highest court tomorrow for the final round in his long-running fight to clear his name....

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