Libor Zombies Pit Hedge Funds Against Banks, Insurers in High-Stakes Feud August 28, 2023 By Tasos Vossos and William Shaw One of the most lucrative, and contentious, trades of 2023 has emerged in an obscure corner of financial markets, minting...
Federal Appeals Court Revives Libor-Rigging Claims Against Big Banks January 3, 2022 By Jonathan Stempel A U.S. appeals court on Thursday revived litigation accusing a slew of large banks of conspiring to rig the Libor...
Libor Remains a Big Problem, But At Least It’s Getting Smaller January 25, 2021 By William Shaw and Alexandra Harris Untangling the vast global derivatives industry from Libor just got a bit easier. The London interbank offered rate is hardwired...
Deutsche Bank ($77M), JPMorgan ($71M) to Settle Libor Claims in U.S. July 24, 2017 By Jonathan Stempel Deutsche Bank AG and JPMorgan Chase & Co. have agreed to pay a combined $148 million to end private U.S....