The City Trader Who Knew Too Much : Episode 513
UK True Crime Podcast
UK True Crime Podcast
4.3 • 2.8K Ratings
🗓️ 28 May 2026
⏱️ 28 minutes
🧾️ Download transcript
Summary
Behind the polished world of high finance was a trader accused of helping manipulate one of the world’s most important interest rates. This episode explores the rise and fall of Tom Hayes, the former City trader at the centre of the LIBOR scandal, examining the culture of banking, the pursuit of profit, and the global investigation that followed. Was Hayes a rogue operator, or a scapegoat for a broken financial system?
I will be back with a new episode of the UK True Crime Podcast on Tuesday, please join me.
Watch my YouTube Channel
https://www.youtube.com/@Adam-uktruecrime/videos
Get All The News First - Subscribe To My Newsletter
Join UK True Crime Facebook Group
https://www.facebook.com/groups/UKTrueCrime
Hosted on Acast. See acast.com/privacy for more information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to Always True Crime, a podcast network bringing you gripping real-life stories that you won't be able to stop thinking about. |
| 0:08.2 | Discover your next true crime obsession at alwaystruecrime.com. |
| 0:13.2 | Hello and welcome to episode 513 of the UK True Crime Podcast. I'm Adam. |
| 0:19.2 | Thank you so much for joining me today for this episode, |
| 0:22.0 | where we dive into the world of banking and financial crime. We focus on a man whose |
| 0:27.4 | meteoric rise and fall rivaled some of the worst days on the stock market. But before we get |
| 0:33.4 | into one of the biggest scandals in British banking history, let's set some context with our guest the month and year game. |
| 0:40.5 | You ready? |
| 0:41.8 | Top of the UK charts was the Justice Collective with He Ain't Heavy, He's My Brother. |
| 0:46.9 | In the US, it was Little Bruno Mars, locked out of heaven at number one. |
| 0:52.9 | And in Australia, the best-selling album this year was Pink with the truth about love. |
| 0:58.9 | In the news this month, Miranda Hart won the popular non-fiction book of the year |
| 1:03.1 | for Is It Just Me at the British Book Awards. |
| 1:06.9 | 13 people were killed and 10 injured, after a bus rolled off a cliff and fell 100 metres in Taiwan. |
| 1:15.0 | HSBC Bank settled with the US authorities to pay $1.9 billion for drug cartel money laundering. |
| 1:22.8 | Wow, I missed that one, did you? |
| 1:25.7 | In China, the opening of line 6 of the Beijing subway made it the longest metro network |
| 1:31.9 | at the world at 442 kilometers. |
| 1:35.3 | Goodness me, imagine that in the UK. |
| 1:37.9 | It had taken 100 years and billions to build, wasn't it? |
| 1:42.6 | And in UK True Chrome News, former Labour Party MP Margaret Moran, |
| 1:47.5 | was given a two-year supervision and treatment order after falsely claiming £53,000 in expenses. |
... |
Transcript will be available on the free plan in 18 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from UK True Crime Podcast, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of UK True Crime Podcast and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.