Four Traders Jailed for Rate Fixing to Appeal After Tom Hayes Win
Tom Hayes and Carlo Palombo celebrate outside the Supreme Court in London.
Photographer: Betty Laura Zapata/BloombergA group of four traders will appeal convictions that saw them jailed for fixing benchmark interest rates, after the UK Supreme Court overturned the conviction of Tom Hayes this week.
Ex-Barclays Plc bankers Jay Merchant, Philippe Moryoussef and Jonathan Mathew along with ex-Deutsche Bank AG trader Christian Bittar will all now seek to quash convictions that saw them jailed for fixing Libor or Euribor, law firm Hickman & Rose said in an emailed statement on Thursday.