So today we're at the Court of Appeal where Tom Hayes and Carlo Pamel were waiting to hear their decision
Now the both men who are former bankers, Tom Hayes was formerly at the UBS and Carlo was formerly at Barclays
Both men were convicted of different types of rigging nonetheless. Tom Hayes was unliable and he was convicted back in 2015 for 11 years
Now a few years ago he was allowed out in license and since then he was been fighting to Neil to get this
conviction quashed. He has since taken his case to obviously the Court of Appeal where it was
heard for three days last month. Now today the Court of Appeal has dismissed his case along with
Carlo Palmo not agreeing on any of the grounds that they've appealed their case on and this means
that sort of not the end of the road but end of the road of today. Now speaking outside the court
Tom Hayes was quite disheartened by the decision of the Court of Appeal today
However, he did say that he is fighting and he's been fighting for years, and he is going to be appealing to the UK Supreme Court along with Carlo Pamba as well
They have 14 days to submit that application to the Court of Appeal, and if that gets signed off, then they will be taken their case at the highest court in the land
So we'll sit updated with this story, and if you want to know more, please like and subscribe with CityA.m