Libor is the "London interbank offered rate", a benchmark interest rate used to set the price of trillions of dollars worth of loans globally. Until the system was changed after the scandal ...
Diamond’s main message seems to be that the Libor scandal boils down to misinterpretation, where the British government misunderstood Barclays’ financial strength, and then Del Missier ...
The draft regulation proposes moving oversight of the scandal-hit benchmark from London to the European Securities and Markets Authority (ESMA). Libor is used to price trillions of pounds worth of ...
Barclays' finance chief is investigated as the Libor scandal widens. David Weidner has details, and insights into what Treasury Secretary Geithner's testimony says about who is really to blame in ...
The investigation centres on the period 2006-2008 just before and during the financial crisis and is looking to see if banks manipulated Libor to hide the truth about their finances and to boost ...
Bank implicated in Libor rigging Can we ever trust bankers again? What is the Libor scandal and why does it matter? Six have been prosecuted by the US Department of Justice (DoJ). A further 11 ...
The financial data firm Intercontinental Exchange is buying the firm that runs the Ameribor interest rate benchmark, which ...
Yesterday, the Wall Street Journal ran a story revealing that the U.K. government planned to implicate as many as 24 people in a criminal fraud case related to the Libor scandal. And the Journal ...
Nvidia is in the crosshairs and the war of words between the US and China ramps up – so it's wise to loo ...
Olympus, Libor, Enron: sometimes a financial scandal comes along that shakes the very foundations of a country’s corporate life. Toshiba, whose chief executive Hisao Tanaka is stepping down after a ...
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