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Libor Rate

The Libor Scandal Claims Its Latest Victim

Reuters | Posted 02.02.2013 | Business

* Settlement of rate rigging claims possible by yr-end * UBS says cooperating fully with investigations * UK rival Barcl...

Libor Rate 'Needs A Complete Overhaul'

Reuters | Posted 11.28.2012 | Business

* FSA chief says Libor too embedded in system to be scrapped * Says longer term, participants should mull alternatives *...

Libor Fraud Is Hilarious, Traders Say

The Huffington Post | Mark Gongloff | Posted 09.26.2012 | Business

Libor is a joke. Don't get me wrong, the London Interbank Offered Rate, or Libor, is deadly serious business, affecting $350 trillion in derivative...

Fired Barclays Trader's Activities From As Early As 2006 Draw Scrutiny In Libor Investigation

Reuters | Posted 10.04.2012 | Business

(Repeats story issued Friday, no changes to headline or text) * New York swaps trader was fired over Libor emails * Now ...

Major Players Chalk Up Rate Scandal To Misunderstandings

Bloomberg View | Jonathan Weil | Posted 07.13.2012 | Business

From Bloomberg View: If we take Bob Diamond and Paul Tucker at their word, part of the Libor scandal at Barclays Plc (BARC) can be chalked up to ...

Banks May Pay Big Time To Settle Scandal

Reuters | Posted 09.11.2012 | Business

July 12 (Reuters) - A group of 11 global banks linked to the Libor scandal may face $14 billion in regulatory and legal settlement costs through 201...

Here Are The 16 Banks Under Investigation Over The Libor Scandal

Reuters | Posted 09.10.2012 | Business

July 11 (Reuters) - More than a dozen banks are under investigation by authorities in Europe, Japan and the United States over the suspected rigging...

Another Major Bank Facing Probe Over Libor Rate

Reuters | Posted 09.05.2012 | Business

* Deutsche Bank probed by German regulator BaFin -sources * Probe centred on possible Libor manipulation * BaFin decline...

Scandal-Ridden Measure Unlikely To Be Replaced

Reuters | Posted 09.06.2012 | Business

* Scandals of Libor rigging intensify calls for new rate * Libor is likely to be reformed rather than replaced * Minor t...

Barclays Scandal Not 'An Isolated Case'

Reuters | Posted 09.01.2012 | Business

LONDON, July 2 (Reuters) - Barclays was not an isolated case in the authorities' probe of banks rigging a key interbank interest rate, Britain's Fin...