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

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Judge dismisses case against British former trader Tom Hayes, who was jailed over interest rate scandalA 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. Continue reading... ...

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