Carlo Palombo

Carlo Palombo

trader United Kingdom

Carlo Palombo is a former trader at Barclays who was prosecuted for his involvement in the manipulation of interest rate benchmarks, specifically Libor and Euribor, alongside fellow trader Tom Hayes. Convicted of conspiracy to defraud in 2015, Palombo has since claimed that he and his colleagues were scapegoated in a systemic scandal that saw similar practices condoned by higher-ups in the financial system.

Global Media Ratings
Dominance
0.01%
Persistence
0 wks
Reach
192,527
Power
7,776$
Sentiment
7.25
Countries Mentioned
Country Mentions Sentiment Dominance + Persistence x Population = Reach x GDP (millions) = Power
United Kingdom 4 7.50 0.17% +0% 67,886,011 118,268 $2,700,000 4,704$
France 1 7.00 0.11% +0% 65,273,511 74,259 $2,700,000 3,072$
Totals 5 133,159,522 192,527 $5,400,000 7,776$
Interactive World Map

Each country's color is based on "Mentions" from the table above.

Recent Mentions

United Kingdom United Kingdom: Carlo Palombo also had his conviction for rate-rigging overturned by the UK's Supreme Court. 7

BBC: Why have bankers had convictions quashed and what happens next?

France France: Carlo Palombo was also among the traders whose conviction was overturned. 7

Le Monde: Affaire Libor-Euribor : le « scandale » s’effondre, les traders condamnés sont blanchis

United Kingdom United Kingdom: Carlo Palombo was sentenced to four years in jail in 2019. 9

BBC: City traders have rate-rigging convictions quashed

United Kingdom United Kingdom: Supreme Court to rule on appeal against LIBOR and EURIBOR convictions of Carlo Palombo. 5

The Guardian: Stock markets rally after US-Japan trade deal announced – business live | Business

United Kingdom United Kingdom: Carlo Palombo is now awaiting a crucial Supreme Court judgement alongside Tom Hayes. 5

BBC: Rate 'rigging' traders say they were scapegoated