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Ex-UBS / Citi trader writes from prison

Bank Of England Building

Tom Hayes, the trader jailed last year for his role in attempts to manipulate Libor, has written to the head of the Serious Fraud Office over fresh claims that the Bank of England was aware of how the key benchmark was “lowballed” in the run-up to the financial crisis.

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Bank Of England Building

Ex-UBS / Citi trader writes from prison

Tom Hayes, the trader jailed last year for his role in attempts to manipulate Libor, has written to the head of the Serious Fraud Office over fresh claims that the Bank of England was aware of how the key benchmark was “lowballed” in the run-up to the financial crisis.