Category Archives: Legal

26May/15

Alleged Libor ringleader goes on trial in London

Former trader Tom Hayes, on trial for allegedly conspiring to rig benchmark interest rates, has admitted to being motivated by greed and was fired by U.S. bank Citigroup in 2010, prosecutors tell a London court.

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19May/15

Alibaba’s Jack Ma says Kering lawsuit “regrettable”

The founder of Alibaba Group Holdings Ltd Jack Ma says a lawsuit by a group of luxury goods makers owned by Kering SA accusing the Chinese e-commerce giant of being a conduit for counterfeiters to sell goods was “regrettable”.

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