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London Interbank Offered Rate

16 Major Banks Slammed With Lawsuit

Reuters | Posted 03.14.2014 | Business

NEW YORK (Reuters) - The Federal Deposit Insurance Corporation sued 16 of the world's largest banks on Friday, accusing them of collusively suppressin...

People Were Actually Arrested For Allegedly Participating In A Major Financial Scandal

Reuters | Posted 02.10.2013 | Business

* All three suspects released on bail * Former Citi/UBS trader Thomas Hayes among arrested-source * Other two are former...

Top U.S. Regulator On Libor Scandal: 'We're All Losers'

The Huffington Post | Alexander Eichler | Posted 07.13.2012 | Business

You may not do any banking in London. You may not have ever been to London. But Gary Gensler is pretty sure the London interbank offering rate affects...

Tim Geithner Had Questions About Libor's 'Integrity' In 2008

The Huffington Post | Alexander Eichler | Posted 07.13.2012 | Business

Nobody in their right mind would want to become part of the Libor rate-rigging scandal. But that's what's happening to Treasury Secretary Timothy Geit...

EU Official: Libor Manipulation Should Be Criminalized

Reuters | Posted 09.08.2012 | Business

BRUSSELS, July 9 (Reuters) - Europe's top regulatory official intends to propose new rules that would criminalise the manipulation of benchmarks suc...

British Officials Missed Warnings On Barclays Scandal

Reuters | Posted 09.01.2012 | Business

* Records show chances missed over Libor * Fault lines detailed on at least five occasions * Critical questions raised i...