Libor trial: weeks three to six
Former UBS and Citi trader Tom Hayes faces eight charges of conspiracy to commit fraud in the first of the UK's Libor-rigging trials. Read a day-by-day summary of the proceedings so far
For a summary of Operational Risk & Regulation's coverage of the first two weeks of Hayes' trial, see our earlier summary. Or read our detailed day-by-day reporting.
Day 14-15: ‘Trust me’ - Hayes regularly promised payment for brokers’ help
In order to reward his brokers, ex-UBS and Citigroup trader Tom Hayes put through a total of 14 wash trades between September 2008 and August 2009, Southwark
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