Both worked for Dutch lender Rabobank. The Libor scandal blew up in 2012 when it emerged that banks had been lying in the figures on which Libor was set. The Libor rate is a key figure in setting ...

Barclays' finance chief is investigated as the Libor scandal widens. David Weidner has details, and insights into what Treasury Secretary Geithner's testimony says about who is really to blame in ...

Unlike the Libor scandal — which involved the manipulation of one reference rate per day, or perhaps 250 times a year by his estimate — the type of manipulation occurring now in the Treasury ...

The scandal arose in 2012 when banks were discovered to be falsely ... found guilty of conspiracy to defraud by ‘rigging’ the London Inter-Bank Offered Rate (LIBOR). Former Barclays trader Carlo ...

LIBOR had been subject to manipulation, scandal, and methodological critique, making it less credible as a benchmark rate. LIBOR was replaced by the Secured Overnight Financing Rate (SOFR ...

(Bloomberg) -- Tom Hayes, the former star UBS Group AG trader who was the face of the Libor rigging scandal, urged Britain’s top judges to overturn his decade-old conviction. The Supreme Court ...

The draft regulation proposes moving oversight of the scandal-hit benchmark from London to the European Securities and Markets Authority (ESMA). Libor is used to price trillions of pounds worth of ...

(Reuters) - Tom Hayes, a former star trader at UBS and Citigroup is set to be the first person to face trial by jury over allegations he conspired to rig global Libor interest rates. The trial which ...

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