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 ...

Is the increased gap between Libor and overnight rates a Machiavellian scheme, where liquid banks are forcing up Libor to earn extra cash on products that are indexed against this measure of money ...

It took more than a decade but Libor, the benchmark borrowing rate at the heart of a rigging scandal that blew up in the early 2010s, is now officially no more. A Libor rate was used for the last time ...

UBS Group AG, Royal Bank of Scotland, and several other banks escaped a yearslong lawsuit claiming they manipulated Libor interest rates, after the Second Circuit on Monday affirmed a lower court’s ...

Within the financial sector, few topics are hotter right now than the manipulation of the London Interbank Offered Rate, or Libor. Libor, essentially, is the average benchmark for different interest ...

When the LIBOR interest-rate fixing scandal broke wide open over the summer, I asked whether it was “The Crime of the Century.” The answer to that question relied on whether banks were understating ...

*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. R.J. Matson/Post-Dispatch, July 17, 2012 It long has been our theory that the Monica Lewinsky scandal resulted in the impeachment ...

The LIBOR money-market rates, widely used around the world as the benchmark for interest rates on mortgages, credit cards and billions of dollars worth of other financial transactions, will be cleaned ...

Two former City traders, Tom Hayes and Carlo Palombo, have had their convictions for rate-rigging overturned by the UK's Supreme Court. They were convicted and jailed for manipulating the interest ...