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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

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

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

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Banker's fraud convictions over rate rigging 'could be unsafe', officials admit after Supreme Court defeat

The Serious Fraud Office has conceded several rate rigging convictions may be unsafe

Evening Standard

Tom Hayes, the UBS trader who spent 5 years in prison unjustly convicted of rigging interest rates, describes what it’s like to be vindicated

Hayes’ conviction was overturned last week after the U.K. Supreme Court ruled he had not received a fair trial.

Fortune

City traders’ Libor prosecutions always had a whiff of scapegoating

Case of Tom Hayes and others prompt questions about the Serious Fraud Office and the criminal appeal system

The Guardian - UK

Axing jury trials and handing control to judges is 'dangerous', says cleared banker Tom Hayes

Tom Hayes called on MPs to block the ‘dangerous’ idea

Evening Standard

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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

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

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

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

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

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

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

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The Independent UK

First trader to be jailed for rate rigging will go to the Supreme Court to clear his name

Tom Hayes, a former star Citigroup and UBS trader, was convicted in 2015 of conspiracy to defraud by manipulating Libor

Evening Standard

Bankers Libor case is a tough spot for the SFO

City Voices: Do the Libor bankers deserve to be pardoned?

The Guardian - UK

‘I’m not a quitter’: bank trader vows to continue fight after losing Libor appeal

Tom Hayes, first banker to be convicted in 2012 rate-rigging scandal, had his case rejected by UK court of appeal

Evening Standard

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.

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