UBS Trader Hayes Exposed in Libor Probe

Tom Hayes, one of two former UBS AG traders charged by U.S. prosecutors, is portrayed by American regulators as the kingpin of a three-year campaign that succeeded in manipulating global interest rates.

Bruegel's Papadia Sees Central Bank Independence Threats
03:35 - Francesco Papadia, non-resident fellow at Bruegel and former director general for market operations at the European Central Bank, discusses central bank independence and when he sees the European Central Bank beginning tapering. He speaks with Bloomberg's Mark Barton on "Bloomberg Surveillance." (Source: Bloomberg)
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