The Latest Breaking News from Carlo Palombo

Rate-rigging convictions of five bankers referred to UK appeals court

Referral comes after supreme court overturned convictions of two other traders, Tom Hayes and Carlo Palombo

The Guardian - UK · Jan 29

Former trader who had conviction quashed sues ex-employer for more than £300m

Ex-Citigroup and UBS trader Tom Hayes was jailed for 14 years after his conviction in 2015.

Evening Standard · Oct 27, 2025

Rate-rigging convictions of five more bankers may be unsafe, says SFO

Serious Fraud Office has assessed six more cases after supreme court quashed convictions of two traders last month

The Guardian - UK · Aug 29, 2025

Cleared of all charges: Ex-star trader Tom Hayes' rate-rigging convictions quashed

A decade-long battle ended on Wednesday when the UK Supreme Court overturned the convictions of two former city traders, Tom Hayes and Carlo Palombo, who were at the centre of one of the largest financial scandals following the 2008 financial crisis.

Euronews · Jul 23, 2025

Judicial system needs ‘shake-up’ after trader convictions, says Sir David Davis

The Conservative MP has been supporting former traders Tom Hayes and Carlo Palombo during their appeals.

The Independent UK · Jul 23, 2025

Traders found guilty of rigging interest rates have convictions quashed by Supreme Court

Tom Hayes and Carlo Palombo’s convictions are ‘unsafe’, Supreme Court justice rules

The Independent UK · Jul 23, 2025

City trader Tom Hayes’s conviction for Libor rigging is overturned

Supreme court also quashes conviction of banker Carlo Palombo over incorrect directions given to jury

The Guardian - UK · Jul 23, 2025

City trader Tom Hayes wins Supreme Court bid to overturn Libor rigging conviction

Tom Hayes has battled for ten years to clear his name

Evening Standard · Jul 23, 2025

Two former traders have rate rigging convictions quashed at Supreme Court

Tom Hayes and Carlo Palombo were jailed for 14 years and four years respectively.

Evening Standard · Jul 23, 2025

Supreme Court to rule on cases of traders jailed over rate-rigging

Tom Hayes, a former Citigroup and UBS trader, is challenging his conviction, as is Carlo Palombo, an ex-vice president of euro rates at Barclays bank.

Evening Standard · Jul 22, 2025