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Ex-Barclays trader tells court Libor rate promise was 'just banter'

Business & Finance : Business Insider: Clusterstock

By Kirstin Ridley LONDON (Reuters) - A former Barclays trader accused of conspiring to rig a global interest rate said a promise to name a colleague in a book and to invite him to his bar in return for help in setting Libor was "jus...

City trader Tom Hayes jailed for 14 years for rigging Libor

Business & Finance : Business Insider: Money Game

Tom Hayes, the former UBS and Citi trader, has been jailed for 14 years after being found guilty of rigging LIBOR. He's the first UK trader to be convicted in the LIBOR scandal. LIBOR — or the London interbank offered rate — is the ...

Jailed Libor trader to return to London court in battle over assets

Business & Finance : Business Insider: Clusterstock

By Kirstin Ridley LONDON (Reuters) - Tom Hayes, a former trader serving an 11-year jail sentence for conspiracy to rig Libor interest rates, will next week return to London's High Court in a multi-million pound battle against prosec...

'What's it worth?': Read the Bloomberg chats that got a former RBS Libor trader banned for life

Business & Finance : Business Insider: Clusterstock

Former RBS Libor submitter Paul White was banned from "any regulated financial activity" by the UK's markets watchdog for attempting to manipulate the Libor rate to benefit traders. White avoided being slapped with a £250,000 ($358,...

Britain's regulator banned an ex-Deutsche Bank trader for LIBOR fraud

Business & Finance : Business Insider: Clusterstock

Britain's financial regulator banned former Deutsche Bank trader Michael Ross Curtler from the UK financial services industry for admitting to fraudulent LIBOR submissions. LIBOR — or the London interbank offered rate — is the daily...

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