The Federal Reserve Bank of NY just released a slew of documents about the LIBOR scandal, both from the Fed and Barclays. It also notes that it had started to see consistent inaccuracies in LIBOR ...
LONDON/NEW YORK (Reuters) - Barclays alerted U.S. regulators as far back as 2007 to concerns that banks were rigging benchmark interest rates, according to documents released on Friday, but ...
The inaccurate reporting of LIBOR interest rates—certainly among the most important interest rates in the world—by Barclays and other banks is a scandal of the present day. But did central banks and ...
The Federal Reserve Bank of New York said Friday that it received reports of problems with the setting of the London Interbank Offered Rate (Libor) back in 2007, before the issue first came to public ...
The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their ...
Bankers used it until the end. Regulators say good riddance after its infamous fall. By Lananh Nguyen and Jeanna Smialek The London interbank offered rate, a number that spent decades as a central ...
The Federal Reserve Bank of New York said Tuesday it had received word as early as 2007 from the British bank Barclays about problems with the benchmark interest rate that underpins much of global ...