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Euribor

Shocking Theory For Who's Behind Libor Scandal

Reuters | Posted 04.24.2013 | Business

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

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...

Look What Market Is Getting Manipulated Now

The Huffington Post | Mark Gongloff | Posted 12.10.2012 | Business

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...

A History Of The Rate That Everyone Is Rigging

Reuters | Posted 10.07.2012 | Business

By Kirstin Ridley and Huw Jones LONDON, Aug 8 (Reuters) - Minos Zombanakis, born 86 years ago on a Greek island, remem...

How Banks Are Trying To Avoid Rate Rigging Fines

Reuters | Posted 09.29.2012 | Business

BRUSSELS, July 30 (Reuters) - Several banks under investigation for suspected euro rate-rigging have joined Deutsche Bank in giving information to E...

Rate-Rigging Could Become A Crime In The EU

AP | SLOBODAN LEKIC | Posted 09.24.2012 | Business

BRUSSELS (AP) — The European Union proposed Wednesday to make manipulating key global interest rates a criminal offence. European Com...

Another Bank Could Face Major Fine Over Libor Manipulation

The Telegraph | Harry Wilson | Posted 07.12.2012 | Business

Lloyds Banking Group could have to pay out more than £1bn over claims it was involved in the manipulation of Libor, according to City analysts. In...

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...

Is the European Central Bank Playing With Fire?

Georges Ugeux | Posted 04.13.2012 | Business
Georges Ugeux

Never in the history has so much money been poured in the direction of banks, most of which don't need it. It is becoming clear that European banks will use it, not to boost the economy, but to manage their balance sheet.