One of the most lucrative, and contentious, trades of 2023 has emerged in an obscure corner of financial markets, minting...
LIBOR News
Untangling the vast global derivatives industry from Libor just got a bit easier. The London interbank offered rate is hardwired...
Britain’s top financial watchdog delivered a 10-point plan to fix Libor, but stopped short of scrapping the benchmark interest rate...
A federal judge on Wednesday suspended several new lawsuits that allege banks rigged key interest rates, saying she first needed...
Europe’s biggest insurer, Allianz SE, is worried about the role central banks may have played in an interest rate rigging...
The Royal Bank of Scotland, which is majority owned (82 percent) by the UK government, confirmed on Friday it has...
The scope of the investigations that are unfolding in the wake of the charges against Barclay’s Bank that it rigged...
Leading European banks reported dismal profits on Tuesday, blaming everything from the continent’s debt crisis and Spain’s property market crash...
The UK’s Financial Services Authority (FSA) is reviewing how wholesale markets are supervised following the interest rate-setting scandal, its chairman...
Britain will expose on Friday a second scandal involving the country’s banks in as many days, as Barclays boss Bob...