Tom Hayes sentenced to 14 years for Libor rigging

Tom Hayes, a former star trader at UBS and Citigroup, has been sentenced to 14 years in prison for conspiring to rig Libor, the first conviction in the global scandal over the manipulation of benchmark interest rates. Martin Arnold talks to Lindsay Fortado about the implications of the case. Hosted on Acast. See acast.com/privacy for more information.