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Goldman Sachs tried to lure Libor trader with $3 mln bonus, court hears| Reuters

May 29, 2015    

LONDON Tom Hayes, a former trader charged with conspiring to rig benchmark interest rates, had become such a powerful player in 2008 that Goldman Sachs tried to hire him with a $3 million signing-on bonus, a London court was told on Thursday.Hayes, who worked for Swiss-based bank UBS at the time, is the first person to face a jury trial over alleged manipulation of the London interbank offered rate (Libor) after a global investigation that led to banks and brokerages paying around $9 billion in fines.Mukul Chawla, prosecuting for Britain's Serious Fraud Office (SFO), alleged that Hayes, who jo...

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