Ex-Deutsche Bank trader said tried to hire accused in Libor trial

Christian Bittar, a former senior trader at Deutsche Bank, tried to hire Thomas Hayes from UBS, Hayes told U.K. prosecutors in 2013.

Bloomberg News reports that Bittar, who was 'massive in the market' sounded Hayes out about a position in 2009 when he found out the trader was considering moving to Citigroup, Hayes said in an interview with the Serious Fraud Office.

Extracts of the interview were read to jurors by a prosecutor at Hayes’s trial Wednesday.

Hayes didn’t know Bittar well. In the end, Hayes turned Bittar down because he had already agreed to join Citigroup, according to the interview. Hayes joined the U.S. bank in December 2009.

To access the complete Bloomberg News article hit the link below:

Deutsche Bank’s Bittar Tried to Hire Tom Hayes Away From UBS

Wall Street Sounds Bond Warning as Holdings Shift Sparks Concern

JefferiesAnd the Best Place to Work in the global financial markets 2017 is...

Register for Financial Markets News Alerts