A CFTC investigation into the corrupt practices of Royal Bank of Scotland traders who were rigging the global interest rate known as Libor for years has revealed something awfully sinister — they ...

The more the world learns about international banking, the more it looks like a "cheating culture." We hear about the growing LIBOR scandal and what it could mean for $350 trillion in contracts from ...

In a recent alert, we highlighted the United Kingdom (UK) benchmark manipulation cases of Tom Hayes and Carlo Palombo from 2015 and 2019, respectively. Hayes was the first banker to be jailed in the ...

The former banker spent five years in prison for his involvement in the manipulation of the benchmark rate. UnitedHealth Group Reports Earnings on Tuesday. What to Expect. UnitedHealth stock is down ...

The City trader wrongfully jailed for rigging a key interest rate during the financial crisis has slammed a 'Kafkaesque' justice system that is putting at risk his first holiday abroad since his ...

In a lawsuit made public on Monday, Tom Hayes accused UBS, his former employer, of malicious prosecution, alleging that the bank misled federal authorities and “retroactively blam[ed]” Hayes for ...