Rutgers Business School’s pipeline to Wall Street has never been stronger. Through the hard work and dedication of the student club LIBOR (Little Investment Bankers of Rutgers) and their faculty ...

The phase out of the London Interbank Offered Rate ("LIBOR") continues apace and we are now approaching the finish line for transition away from LIBOR to reference free rates ("RFRs"). On June 30, ...

Islamic finance providers have been slow to make the transition away from LIBOR, as the replacement benchmark rates pose challenges in the context of Sharia compliance The phase-out of the London ...

LIBOR set interest rates for trillions of dollars in loans for over 30 years. Banks manipulated the rate because it relied on estimates rather than real transactions. A new system called SOFR replaced ...

Within the financial sector, few topics are hotter right now than the manipulation of the London Interbank Offered Rate, or Libor. Libor, essentially, is the average benchmark for different interest ...

Financial institutions are preparing for the phase-out of the London Interbank Offered Rate (LIBOR), the most widely used short-term lending benchmark in the world. It’s a complicated regulatory issue ...

The ongoing controversy surrounding Libor, the global benchmark interest rate used for pricing financial contracts, has sparked a wider debate about the merits of using alternative reference rates.

Libor, the London Interbank Offered Rate, is being phased out by lenders — and that could mean a change in the interest rates paid by millions of existing home mortgage borrowers in the U.S., if the ...

CME Group launched options trading this week linked to its relatively new Sofr futures contract, but meager volume so far suggests the Chicago exchange operator has a long way to go to lure traders ...

A funny thing has happened on the way to the graveyard for the most important number in finance. Libor has been given a second life. After being manipulated by seemingly every bank during the ...

JUST DROP off the key. Yes, it means breaking a complicated yet rewarding long-term relationship: $240trn-worth of derivatives, loans and bonds are priced off LIBOR, the London Interbank Offered Rate; ...

The London Interbank Offered Rate, a number that spent decades as a central force of international finance and was used in setting interest rates on everything from mortgages to student loans, has ...