Ex-City bankers lose appeal over interest rate-rigging convictions
Ex-City traders Tom Hayes and Carlo Palombo, who were both jailed for manipulating interest rate benchmarks, have lost a Court of Appeal bid to clear their names.
Hayes, 44, a former Citigroup and UBS trader, was found guilty of multiple counts of conspiracy to defraud over manipulating the London Inter-Bank Offered Rate (Libor) between 2006 and 2010.
He was jailed for
