Libor scandal: Former City trader, Tom Hayes gets 14 years for rigging rates

*The former banker becomes first person to be convicted by a British jury of rigging Libor rates.

Trader Tom Hayes, foreground, arrives with his wife Sarah, at Southwark Crown Court, in London, Wednesday, May 27, 2015.(Photo: AP).

Marion Dakers, Tim Wallace and agencies

City trader Tom Hayes, 35, has been sentenced to 14 years in prison after becoming the first person to be convicted by a British jury of rigging Libor rates following a trial at London’s Southwark Crown Court.

The jury...

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