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The rate was calculated and published each day ... which were on the panels and contributed to the LIBOR determination process, faced regulatory scrutiny, including investigations by the U.S ...
Unless they’re sought out early and neutralized, the zombie LIBOR interest rates could take a big ... or compel banks to submit estimates for the determination of LIBOR. The only question ...
From next week, the rate, known as the London Interbank Offered Rate, or LIBOR for short, will cease to be published. LIBOR is a collective term for dozens of rates, denominated in different ...
He previously served as chief economist of the CFTC. Today marks the end of the London interbank offered rate. Libor, as it’s better known, has been the world’s dominant interest rate ...
The Consumer Financial Protection Bureau (the Bureau) has issued proposed regulations to address concerns and reduce uncertainty regarding the impact on consumer credit products of the anticipated ...
The rate for lending between banks rose roughly 1.2 basis points to 5.54543%. The spread of Libor over overnight index swaps — once a barometer of funding pressure — was wider at 26.6 basis ...
the rate determined by the Trustee on the related LIBOR Determination Date on the basis of the interbank offered rate for one-month United States dollar deposits in the London market as such rate ...
The LIBOR scandal was a highly-publicized scheme in which bankers at several major financial institutions colluded with each other to manipulate the London Interbank Offered Rate (LIBOR).
The bank was in court last month after it hit a group of investors with legal action over its determination to impose a new dividend rate on its preference shares. It comes at the time when Libor ...
Rates on some business loans could rise by roughly three percentage points in July if Libor-related contractual language is not changed in the next several weeks. Next month may bring an unpleasant ...
The judge who oversaw Tom Hayes’ conviction for conspiring to rig the Libor interest rate denied him a fair ... an American court came to a different determination as to the proper construction ...