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Ex-trader Tom Hayes to contest 14-year jail term

Prison Bars

Tom Hayes, the former UBS trader given a 14 year-prison term for manipulating Libor, returns to court this week to try to persuade the U.K.’s top judge to overturn one of the longest sentences ever issued in Britain for a white-collar crime.

Barclays faces FX lawsuit

Helicopter Tour

A New York-based investment adviser filed a class action lawsuit against Barclays on Friday alleging that rigged foreign exchange trading practices at the bank caused "significant damages" to its trading partners.