Stay connected:
Citywire printed articles sponsored by:
View the article online at http://citywire.co.uk/wealth-manager/article/a646994
Ex-UBS trader faces extradition over Libor charges
Markets
by Daniel Grote on Dec 20, 2012 at 09:39
A former UBS trader is facing extradition after he was charged with conspiracy to manipulate the Libor rate by US authorities, following the bank’s $1.5 billion fine for its role in the scandal.
British trader Tom Alexander William Hayes, 33, was charged yesterday alongside Roger Darin, a 41-year-old Swiss trader, by the US Department of Justice. Hayes will also be charged in a New York federal court with wire fraud.
He was among three men arrested by the Serious Fraud Office. According to reports, the US charges are likely to spark a wrangle between UK and US authorities over Hayes’ case.
News sponsored by:
Subscribe to Wealth Manager magazine and rack up CPD points
Citywire Wealth Manager has partnered with CISI to enrich the experience of subscribers to our magazine.
Today's top headlines
More about this:
More from us
What others are saying
Archive
Aberdeen Live supplement: Fundamentals point to ongoing flows and solid returns from EMD
After a record year for inflows and market-leading performance in 2012, emerging market debt has taken a large step towards the mainstream. Our recent debate covers the outlook for the asset class this year and where opportunities can be found.
On the road
Click here to find out more from the Audience Development team.
Read more...
Subscribe to Wealth Manager magazine and rack up CPD points
by Dylan Lobo on May 16, 2013 at 16:17
leave a comment
Please sign in here or register here to comment. It is free to register and only takes a minute or two.