What is the London Interbank Offered Rate (LIBOR)? The London Interbank Offered Rate (LIBOR) was the interest rate benchmark used to calculate the average rate at which banks would offer a short-term ...

In the wake of multiple criminal and regulatory investigations into alleged manipulation of the London Interbank Offered Rate (“LIBOR”), Andrew Bailey, Chief Executive of the UK Financial Conduct ...

LIBOR, the London Interbank Offered Rate, sometimes referred to as the Eurodollar rate in loan documents, is calculated and published on a daily basis by averaging the price at which each of 18 banks ...

Gaining an understanding of finance can be difficult given the number of complex details and caveats that make up the markets. For this reason, some of the most important concepts often go overlooked ...

Under the new roadmap, which is set to be implemented later this year, IBA will incorporate more transaction data into the Libor methodology; will publish a "single, clear and comprehensive" Libor ...

June 19 - The independent Foreign Exchange and Money Markets Committee discuss the definition of BBA LIBOR each time they meet, to ensure the rates remain the best possible benchmark for these rapidly ...

ICE Benchmark Administration, the administrator of the LIBOR benchmark, has published a report setting out how it proposes to transition panel banks to the new “Waterfall Methodology” outlined in its ...

LONDON--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that ICE ...

Former UBS and Citigroup trader Hayes (45) was convicted of conspiring to rig the London Interbank Offered Rate (Libor), while Palombo (44), a former trader at Barclays, was convicted of rigging the ...

Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced today that ICE Benchmark Administration (“IBA”) ...