Tom Espiner BBC business reporter PA Media Carlo Palombo and Tom Hayes had their rate-rigging convictions overturned Two former City traders, Tom Hayes and Carlo Palombo, have had their convictions for rate-rigging overturned by the UK’s Supreme Court. They were convicted and jailed for manipulating the interest rates used for loans between banks, which dictated borrowing costs for the likes …
Read More »Why have bankers had convictions quashed and what happens next?
