Former UBS and Citigroup trader Tom Hayes has been charged by the Serious Fraud Office (SFO) in connection with its investigation into the manipulation of Libor. Mr Hayes, 33, has been charged with eight counts of conspiracy to defraud, and will appear before Westminster Magistrates' Court. He was arrested by police and the SFO last year alongside two other traders. US prosecutors have already charged Mr Hayes. "[Mr Hayes] attended Bishopsgate police station this morning where he was charged by City of London Police with eight counts of fraud," the SFO said in a statement. ... (Read the full story)
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