Libor interest rate scandal

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 Ex-trader files $400M lawsuit against UBS over Libor manipulation scandal
 Yahoo Finance· 2025-10-29 05:32
 Tom Hayes, the former British trader jailed over the Libor interest rate scandal, has filed a $400 million lawsuit against UBS, alleging "malicious prosecution and corporate scapegoating" by his former employer, according to court documents seen by FOX Business.  Hayes’ complaint was lodged Monday in a Connecticut Superior Court and appears to accuse the Swiss banking giant of deliberately framing him as the mastermind of the scandal to shield senior executives and reduce multibillion-dollar regulatory pen ...
