Citigroup declined comment on Monday on a guilty verdict against former trader Tom Hayes, who worked for the U.S. bank for 10 months, in the first trial of a defendant accused of Libor interest rate rigging.
Citi declines comment on former trader Hayes guilty verdict
The bank declined further comment after a jury in London delivered its verdict and found Hayes, 35, guilty of charges of conspiracy to defraud.
"Tom Hayes was terminated in September 2010 following an incident that was reported to compliance. Citi also reported the matter to the appropriate regulators at the time," Citigroup said in an emailed statement.
The bank declined further comment after a jury in London delivered its verdict and found Hayes, 35, guilty of charges of conspiracy to defraud.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Hajj Commission thanks 'Christian Uzodinma' for being its pillar of support
Why our plane made emergency landing at Lagos airport, Air Peace clarifies
Over 75% of Katsina children are multidimensionally poor – UNICEF
PDP unveils 200-member campaign council for Ighodalo's guber election in Edo
Tinubu approves resumption of repair work on Third Mainland Bridge
Ondo Poll: Ganduje consoles Jimoh Ibrahim after crushing defeat in APC primary
FG to review recent price hike of DStv, GOtv packages amid public outcry
BREAKING: FG grants Air Peace right to commence Abuja-London flights - Keyamo
Deputy who dumped Akeredolu clinches PDP governorship ticket
ADVERTISEMENT