Jailed banker ‘shocked’ and ‘disappointed’ at appeal decision

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Jailed banker Tom Hayes has been refused the chance to take his case back to the courts. …

In 2015, Tom Hayes was sentenced to 14 years in jail by Mr Justice Jeremy Cooke at Southwark Crown Court, reduced on appeal to 11-and-a-half, after a jury found him guilty of conspiracy to defraud for seeking to “rig” Libor, the benchmark interest rate.

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