(Reuters) - A dual-track system, including survey-based lending rates along with transaction-linked indices, is likely to replace scandal-hit 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...
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...
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 ...
It was just an unfortunate coincidence that the reports were almost juxtaposed -- the reports of the punishment given Stephanie George and that given HSBC and UBS. Stephanie, of course, was not the first.
Libor manipulation cost Fannie Mae and Freddie Mac more than $3 billion, according to an estimate by a government watchdog, who recommends the governm...
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...
LONDON (Reuters) - Royal Bank of Scotland is facing the increasing likelihood of having to settle separately with the UK and U.S. authorities investig...
Everyone rest assured. As long as anyone lives, Barclays will never, ever again manipulate Libor interest rates. How can we be so sure? The company ma...
With 16 banks, including Barclays, being investigated for Libor manipulation and fraud, outrage is entirely appropriate. But when I first read this story, I had a somewhat different reaction due to my own personal Barclays story.
Elizabeth Warren jumped into a growing chorus decrying the massive Libor manipulation on Thursday with a scathing editorial in the Washington Post.
...
LONDON (AP) — The governor of the Bank of England said Tuesday that U.S. authorities did not show him any evidence of manipulation of a key market r...
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...