City trader jailed for Libor rigging says he was convicted in a ‘morality trial’

Tom Hayes tells supreme court hearing that the jury in 2015 was guided by a ‘judge who had made his mind up about me’

The City trader jailed for Libor rigging in 2015 has said he believes he was convicted during a “morality trial” of bankers’ conduct, as he concluded his fight to clear his name at the UK’s highest court.

Speaking after a three-day hearing at the supreme court in London on Thursday, Tom Hayes said his original conviction a decade ago was a reaction to the 2008 financial crisis and a jury guided by a “judge who had made his mind up about me”.

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US court drops Libor rate-rigging charges against ex-UBS trader

Judge dismisses case against British former trader Tom Hayes, who was jailed over interest rate scandal

A New York court has dismissed a criminal indictment against Tom Hayes, the British former trader at UBS and Citigroup who served five and a half years in a UK prison for rigging the Libor lending benchmark.

Prosecutors in the US filed a motion to dismiss the case against Hayes and another former UBS trader, Roger Darin.

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