Decoding interest rate swap quotes can be simple with the right guidance. Our article offers key insights and practical tips ...

As if they didn’t have enough to deal with, banks are faced with a succession of serious challenges over the next two years as they face up to the reality of the end of Libor. Firstly, they must ...

Any reference to a specified source for USD LIBOR shall be replaced with the publication of the applicable Board-selected benchmark replacement (inclusive of the applicable tenor spread adjustment) by ...

LONDON, May 10 (Reuters) - Britain's finance watchdog wants banks to speed up a shift to new interest rate benchmarks that replace the Libor rate which is being scrapped after December. The London ...

Tom Hayes has won a final bid to quash a conviction that made him the first trader jailed for Libor interest rate rigging, after a decade spent trying to clear his name. The UK's Supreme Court allowed ...

In a lawsuit made public on Monday, Tom Hayes accused UBS, his former employer, of malicious prosecution, alleging that the bank misled federal authorities and “retroactively blam[ed]” Hayes for ...

Tom Hayes, the former trader who became the face of the Libor scandal, won a last-ditch appeal to clear his name, undoing one of the most high-profile cases to emerge from the global financial crisis.

In August 2015, former UBS banker Tom Hayes sat in a London courtroom after being found guilty of eight counts of conspiracy to defraud, for his involvement in the Libor interest-rate rigging scandal.