(Reuters) - A dual-track system, including survey-based lending rates along with transaction-linked indices, is likely to replace scandal-hit London i...

When I was growing up the leaders in our community were the local politicians, the mayor, and the bankers. I can remember how my grandfather, who was ...

WASHINGTON -- U.S. regulators led by the Treasury Department have targeted an oft-criticized benchmark interest rate as a risk to financial stability,...

Banks have won a major legal battle against Libor lawsuits, though the war is far from over. Late on Friday, a federal judge dismissed Libor lawsui...

NEW YORK (Reuters) - A judge on Friday dismissed a "substantial portion" of claims facing a number of banks in a barrage of lawsuits accusing them of ...

NEW YORK (Reuters) - Mortgage finance company Freddie Mac is suing more than a dozen banks for losses from the alleged manipulation of the benchmark ...

Freddie Mac sued Bank of America Corp. (BAC), UBS AG, JPMorgan Chase & Co. (JPM) and at least 12 other banks over alleged manipulation of the London i...

The Libor scandal is so 2012 you guys, so so boring, but thank goodness we have a brand new market-rigging scandal to enjoy now, one that will enterta...

Banking regulators in the United Kingdom did not fully understand how the global interest rate-setting system worked back in 2008, even as they were b...

PARIS, Feb 22 (Reuters) - The European Commission suspects the existence of cartels involved in manipulating lending benchmarks such as Libor and Eu...

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...

That regulators condone the continued use of VAR models and get pushed around on tougher capital and liquidity limits can only mean one thing: they have concluded that it's simply too dangerous to the system to reveal that the emperor has no clothes.

WASHINGTON (Reuters) - Britain's Royal Bank of Scotland Group Plc settled charges it had manipulated the Libor interest rate benchmark, the top U.S. d...

* Beats capital goal, shares close to one year high * Q4 pretax loss 2.6 bln euros due to charges * Takes goodwill impai...

(Reuters) - UBS Chairman Axel Weber raised the possibility of an industry-wide settlement for the rest of the banks involved in the Libor rate fixing ...

LONDON, Jan 11 (Reuters) - Royal Bank of Scotland is preparing to slash bonuses for its investment bankers this year to help pay fines for its role ...

Back in 2008, when financial markets were chaotic and unpredictable, at least one large bank managed to turn a hefty profit with finely-tuned bets on ...

A lot of things have ticked Matt Taibbi off over the last 12 months. There was JPMorgan’s London Whale scandal and the Justice Department's deci...

Where is Phil Gramm hiding? The former Republican senator from Texas has not been heard from since his bank got nailed by the G-men. Or, as the Times put it, UBS now has the distinction of being "the first big global bank in more than two decades to have a subsidiary plead guilty to fraud."