Goldman Sachs Offered Tom Hayes $3 Million Bonus to Quit UBS

Lock
This article is for subscribers only.

Goldman Sachs Group Inc. tried to poach Thomas Hayes from UBS Group AG in 2008 with the promise of a $3 million signing bonus, according to documents at a London trial.

The job offer was disclosed Thursday in an e-mail sent by one of Hayes’s bosses at UBS, Sascha Prinz, years before the Libor scandal which resulted in Hayes facing criminal charges that he conspired to manipulate the benchmark interest rate.