FCA drops cases against two LIBOR scandal traders following Supreme Court judgement

Tom Hayes and Carlo Palombo

Linus Uhlig
clock • 1 min read

The Financial Conduct Authority has ended its action against ex-UBS derivatives trader Tom Hayes and revoked its decision to ban the former Barclays trader Carlo Palombo from the financial services industry after the Supreme Court overturned both parties' convictions.

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Linus Uhlig
Author spotlight

Linus Uhlig

Linus Uhlig is a senior reporter at Investment Week

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