From CityWire's Wealth Manager:
A City trader accused of helping rig Libor rates was described in court today as ‘unimpressive’ and a ‘total wide boy’.
Tom Hayes, who traded yen derivatives for UBS, was also
branded ‘arrogant’ after he turned up ‘scruffy and unshaven’ for a tour
round Citigroup’s offices in October, ahead of joining the investment
bank’s Tokyo branch, according to Court News UK.
Southwark Crown Court heard that he began rigging rates
after initially failing to impress colleagues in his new role. Hayes was
said to have netted UBS massive profits, earning ‘millions’ in the
process....MORE