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Tom Hayes says UBS’s ‘Project Chocolate’ probe shows he was targeted from outset
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NEWSDECK ANALYSIS
Tom Hayes is a former trader who was convicted of manipulating the London Interbank Offered Rate (Libor) in 2015. The term "Project Chocolate" refers to an internal investigation conducted by UBS into possible rate-fixing activities, with Hayes being a key figure in the probe. The investigation's findings and handling are significant as they may shed light on the circumstances surrounding Hayes' conviction and the bank's role in the Libor scandal.
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FT UK
Tom Hayes says UBS’s ‘Project Chocolate’ probe shows he was targeted from outset
Trader nicknamed ‘Tommy Chocolate’ argues bank’s rate-fixing investigation was stacked against him
21 Jul, 04:00
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