Citi manager tells Libor trial trader didn't make good first impression

Stopwatch

First impressions are lasting.

Senior Citigroup manager Andrew Thursfield said former trader Tom Hayes, on trial on Libor interest-rate rigging charges, did not make a good impression on their first meeting in London in 2009, a court heard on Wednesday.

Reuters reports that Hayes met Thursfield and Citigroup treasury staff while on a trip to London in October 2009 shortly after his appointment with the company in Tokyo, the court heard.

Hayes complained about the telephone models used by the company and arrived late at one meeting during the trip with another senior Citigroup manager, Steve Compton, unshaven and with his shirt hanging out, a jury in London was told.

The SFO alleges Hayes was a central figure in a conspiracy with 25 staff from at least 10 banks and brokerages to rig Libor, the London interbank offered rate.

To access the complete Reuters article hit the link below:

Citi manager thought Hayes a 'wide boy', London Libor trial hears

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