• This is a  Monday, July 27, 2015 file photo of Tom Hayes  as arrives at Southwark Crown Court in London, Monday, July 27, 2015.  A British jury  found  former Citibank and UBS trader Tom Hayes guilty of being the ringmaster in the manipulation of a key interest rate, the London Interbank Lending Rate, or Libor. The jury on Monday Aug. 3, 2015  found 35-year-old Hayes, who specialized in products pegged to yen-denominated Libor, guilty of manipulating the rate from 2006 to 2010. He was charged with conspiring with other traders — but he says he was made a scapegoat for a common practice. (AP Photo/Kirsty Wigglesworth, File)

    Former trader given 14 years prison for market manipulation

    LONDON (AP) — A British judge sentenced a former Citibank and UBS trader to 14 years in prison Monday after a jury found him guilty of masterminding the manipulation of a key interest rate, the London Interbank Lending Rate, or Libor.

    Updated: 9:38 am