Trader denies rate-rigging in London

a former Citibank and UBS trader has pleaded not guilty to eight charges related to rigging the London interbank lending rate, known as LIBOR, The Associated Press reported. Trader Tom Hayes pleaded not guilty Tuesday at London’s Southwark Crown Court. His trial is not due to begin until 2015. The charges against Hayes, 34, relate […]



from Africa Punch http://africapunch.com/trader-denies-rate-rigging-in-london/

via IFTTT