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Traders in Euribor Trials Could Face Jail Time

January 21, 2016 by Lynn Strongin Dodds

Although it is too early predict the fate of the six traders charged by the U.K.’s Securities Fraud Office (SFO) for allegedly manipulating Euribor, the unexpectedly long jail sentence of Tom Hayes in a similar case could set a precedent if they are found guilty. Hayes is a former UBS and Citigroup derivatives trader who… Read More >>

Filed Under: General Interest, AML/Fraud/Financial Crime, Regulation & Compliance, Derivatives, Industry News Tagged With: Achim Kraemer, Andreas Hauschild, Ardalan Gharagozlou, Barclays, Bradley Rice, Carlo Palombo, Christian Bittar, Citigroup, Colin Bermingham and Sisse Bohart, conspiracy, Cornell University Law School, derivatives trader, Deutsche Bank, Dodd Frank Act, Euribor, Joerg Vogt, Kai-Uwe Kappauf, LIBOR, London financial markets, Nabarro, Philippe Moryoussef, regulatory penalty, Robert Hockett, scapegoat, Securities Fraud Office, SFO, Societe Generale, Stephane Esper, Tom Hayes, Traders, UBS, watchdog agency, white collar crime

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