Hayes served five and a half years in prison but maintained he was a scapegoat
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Exchanges faced a host of challenges this year, with plenty more to come
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Hayes’ case is expected to be heard early next year
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LCH’s chief executive is surprised clearing has spent a decade in the spotlight — and glad he no longer has to deal with ‘the four-letter word’: Libor
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Around $220tn of financial contracts had to move away from the scandal-hit London Interbank Offered Rate before 30 June. What will those who took on that almost impossible task do now they have succeeded?
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Hayes has served five-and-a-half years in prison but maintains he was a scapegoat
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Regulators should not insist on replacing the one-size-fits-all Libor regime with another one-size-fits-all benchmark
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Of the $45tn, $43tn was converted on the weekend of 19 May
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The dollar’s global reach means global markets are facing fresh challenges
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Convicted for manipulating the influential interest rate, Hayes says he never got to say goodbye to his son or explain why he was suddenly going to prison
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Battle over alleged rate manipulation drags on as Hayes asks the Criminal Cases Review Commission to take another look at his case
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Hayes continues to claim he was scapegoated in the wake of the financial crisis as a decision on his UK future is 'imminent'
Years in the making, synthetic sterling Libor is set to end on 31 December
‘It’s five or six times the level of activity that we saw only six months ago’
The 27 January reversal shows how difficult it has been for prosecutors to use broadly written anti-fraud laws to punish traders competing in sophisticated markets
Bank of England's regulatory arm sets out what is at the top of its agenda for the coming year
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The decision comes almost five years after lawyers for the trader asked for a review to try and have his conviction quashed
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Less than one month remains for a rate that underpins vast swathes of financial markets
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The Criminal Cases Review Commission began investigating Hayes' case almost five years ago
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The payout is the largest ever by the US Commodity Futures Trading Commission
3 min read