Tom Hayes appeal to Supreme Court turned down


Tom Hayes, who was convicted for offences in relation to manipulating Libor last year, has today had his application to appeal to the Supreme Court refused by the Court of Appeal, according to Reuters.

Hayes, a former UBS and Citigroup trader, was convicted on eight counts of conspiracy to defraud last August, although his prison sentence was reduced from 14 years to 11 years by the Court of Appeal in December.

A press statement issued on behalf of Hayes said that he was "disappointed" by today's decision and he would continue "to pursue all avenues available to [him] to clear [his] name".

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Full story: Tom Hayes appeal to Supreme Court turned down: City A.M.

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