BRUSSELS (AP) -- The European Union is proposing to make it a crime to manipulate key global interest rates, as some banks have been accused of doing. European Commission vice president Viviane Reding ...
Recent cases show that DOJ prosecutions of financial market misconduct, like FX and LIBOR manipulation, often face legal setbacks due to flawed evidence or instructions. These rulings question whether ...
Tom Hayes, the former trader who was a face of the global Libor-rigging scandal before his conviction was overturned in July, ...
Opinion
19don MSNOpinion
A $400 million lawsuit against UBS is designed to punish banks who throw employees to the wolves
On October 23, Hayes filed a $400 million lawsuit against UBS in Connecticut state court for allegedly wrongly casting him as the “evil mastermind” responsible for Libor rate manipulation to protect ...
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 ...
MCLEAN, Va., Dec. 22, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced that it will transition its legacy U.S. dollar (USD) LIBOR-indexed contracts to an index based on the Secured ...
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.
NEW YORK (Reuters) - A European asset manager has sued one dozen U.S., European and Japanese banks, accusing them of conspiring to manipulate Libor, a benchmark used to set interest rates on hundreds ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback