(Reuters) - Libor, the London interbank offered rate, is a global benchmark for interest rates on everything from credit cards to trillions of dollars in financial derivatives and is at the heart of a ...
To the long, dismal list of fatally broken institutions — GDP, governments, schools, corporations — we can add the mysterious Libor, and its conveniently comfortable calculation. It’s difficult to ...
Are you angry about the LIBOR scandal? If not, allow Jon Stewart to get outraged for you about how the London Interbank Offered Rate interest rate that was manipulated by banks. In typical Stewart ...
LONDON — Britain’s Supreme Court on Wednesday quashed the convictions of two financial market traders accused of manipulating benchmark interest rates in one of the biggest scandals to come out of the ...
The more the world learns about international banking, the more it looks like a "cheating culture." We hear about the growing LIBOR scandal and what it could mean for $350 trillion in contracts from ...
Tom Hayes, the former British trader jailed over the Libor interest rate scandal, has filed a $400 million lawsuit against UBS, alleging "malicious prosecution and corporate scapegoating" by his ...
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. LONDON (AP) — A British financial trader, ...
REUTERS - Libor, the London interbank offered rate, is a global benchmark for interest rates on everything from credit cards to trillions of dollars in financial derivatives and is at the heart of a ...
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