However, despite the poor past performance of the bank, most of the analysts are expecting a bright future in the USB's ...

The central bank’s most recent meeting featured “strongly differing views” over what the Fed should do next month.

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 ...

Banks used Libor, or the London Interbank Offered Rate, to set interest rates on more than $300 trillion of financialproducts including credit cards, student loans and mortgages,and determine the cost ...

(Reuters) -Tom Hayes, the former trader who was a face of the global Libor-rigging scandal before his conviction was overturned in July, sued his former employer UBS for more than $400 million, saying ...

The residential mortgage as we know it today is less than a century old. In fact, until the Federal Housing Administration (FHA) was established in 1934, only one in 10 Americans even owned a home.

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 ...

The Federal Reserve’s most important monetary policy tool is the Fed Funds Interest Rate target. By raising or lowering this benchmark, the Fed hopes to influence the cost of credit throughout the ...

The UK’s financial watchdog dropped its cases against former traders Tom Hayes and Carlo Palombo after the Supreme Court quashed their criminal convictions earlier last week. The Financial Conduct ...

Tom Hayes, the first trader ever jailed for interest rate rigging, had his conviction overturned by Britain’s top court Wednesday after a years-long fight to clear his name. The UK Supreme Court ...