Diamond’s main message seems to be that the Libor scandal boils down to misinterpretation, where the British government misunderstood Barclays’ financial strength, and then Del Missier ...

On October 1, 2024, the United Kingdom Financial Conduct Authority (UK FCA) phased out ‘Zombie’ LIBOR, as a transitional benchmark, with the move ...

In response to the Libor rigging scandal, Barnier will amend reforms to European Union market abuse rules so that potential “loopholes” are closed and criminal sanctions specifically cover ...

appeared this May under the headline "Clubby London trading scene fostered Libor rate-fixing scandal." The clubs involved seem less like a traditional London gentleman's club and more like those run ...

Financial services brands are continuing to feel the impact of 2008's global economic downturn. Recent events, such as the notorious Libor scandal, have tarnished the reputation of leading brands such ...

It was phased out for several reasons, including a major scandal. In 2012, investigators discovered that bankers had for years been setting Libor for their own benefit by reporting incorrect rates.

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 ...

This app provides insights into how the Libor scandal, where banks submitted false rates for their own benefit, could have distorted market prices and liquidity.") ...

“The largest financial fraud in history is not the colossal accounting crimes of Enron, Bernie Madoff's record-setting Ponzi scheme, or the infamous Libor scandal, where some of the world's largest ...