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Ex-broker denies he helped rig Libor

Camera Aperture

A former Tullett Prebon broker accused of helping Tom Hayes rig Libor said he told the former UBS trader he’d help him manipulate the rate to get him off his back, but never actually followed through with it.

Ex-Soc Gen traders said to start new hedge fund

Hedge Fund

Former Societe Generale traders led by Jong Beum Kim plan to start a new hedge fund that will employ several strategies seeking to profit from volatility in Asian markets and exploiting mispricing of related securities, according to people with knowledge of the matter.

Top 10 books about bankers

Wall Street

I wanted to write a book about bankers because finance seems to have replaced politics, with democracy beginning to feel like a system that allows voters to decide which politician gets to implement what “the markets” dictate.