LONDON, July 3 (Reuters) - The use of four dollar-denominated alternatives to the now scrapped Libor interest rate need restrictions to avoid threatening financial stability, a global securities ...

From here on out, your consumer or business loan rate will be set by a new standard. Replacing Libor, the obsolete benchmark for loan rates, is SOFR, the Secured Overnight Financing Rate. Its full-on ...

The London Interbank Offered Rate, or LIBOR—one of the most widely-recognized interest rate benchmarks of the past 37 years—will officially be retired today. The London Interbank Offered Rate, or ...

In “The Trading Game,” Gary Stevenson spills secrets of the City. By Mark Gimein It has been an arduous process to get the financial system to stop relying on the tarnished interest-rate benchmark. By ...

LONDON (Reuters) - Tom Hayes, a former star trader at UBS and Citigroup, will next Tuesday become the first person to face trial by jury over allegations he conspired to rig global Libor interest ...

LONDON (Reuters) - A scandal over the rigging of the Libor interest rate that underpins financial contracts worth hundreds of trillions of dollars is likely to force regulators to reform the way it is ...

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 ...

On March 5, 2021, the United Kingdom’s Financial Conduct Authority and ICE Benchmark Administration, Limited announced that the one-week and two-month U.S. Dollar (“USD”) LIBOR settings and non-USD ...