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 ...

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 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 ...

or the London Interbank Offered Rate. Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the ...

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 ...

The regulator also said it overlooked an article in the Wall Street Journal highlighting problems with the London Inter-bank Offered Rate, LIBOR, because the article wasn't widely read within the FSA.

During the London InterBank Offered Rate (LIBOR) transition, and post LIBOR’s end date of June 30, 2023, the goal for all should be that (1) the effective interest rates be generally ...