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About: Tom Hayes (trader)     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : schema:Person, within Data Space : dbpedia.org associated with source document(s)

Type: Thingfoaf:Personpersondul:NaturalPersonEukaryotePersonHumanAnimalanimaleukaryotespeciesschema:Person New Facet based on Instances of this Class

Tom Hayes (born October 1979) is a former trader for UBS and Citigroup who was sentenced to 14 years in prison (reduced to 11 years on appeal) for dishonestly driving manipulation of the London Interbank Offered Rate (Libor), a bank reported interest rate, to enhance his trading results, which became known as the Libor scandal. Hayes, in the course of his defence, asserted managers were aware of his actions, and even condoned them. At trial Hayes was diagnosed with mild Asperger syndrome.