A similar process is carried out for five other currencies as well. The average—often referred to in the singular even though there are 35 rates—is called the London interbank offered rate (LIBOR). It ...

The man in charge of a UK government report into what went wrong with the manipulation of the London interbank offered rate (Libor), the benchmark interest rate, will Friday call for a "complete ...

became in 2015 the first person to be found guilty of manipulating the so-called London Inter-Bank Offered Rate, or LIBOR, between 2006 and 2010. Hayes, who was described at his trial as being at ...

The process is carried out for nine other currencies as well. The average—often referred to in the singular even though there are 150 rates—is called the London interbank offered rate (LIBOR). It is ...

are undergoing a period of change as regulators and industry groups have recommended that firms transition away from the London Inter-bank Offered Rate (LIBOR) and other IBORs and prepare to ...

Remember Libor? For decades, the London interbank offered rate was the benchmark for pricing a wide variety of loans, including adjustable-rate mortgages. But over recent years, it’s been ...

He is cited as calling the falsification of such benchmark rates a “betrayal” with potentially “systemic consequences”. Libor, the London inter-bank offered rate, is the benchmark interest ...

Regulators worldwide are investigating a number of banks for rigging Libor. The London Inter-Bank Offered Rate tracks the average rate at which the major international banks based in London lend ...