Random outcomes - trader charged with rigging Libor

2015-07-19 15:30

Ex-trader Tom Hayes tells a London court where he is on trial for rigging Libor that his attempts to influence interest rates had resulted in "random" outcomes.

UK eyes Libor abuse powers for oil, gold

2014-09-25 11:00

Britain says new powers to punish rigging of Libor interest rates with criminal sanctions should be extended for seven major benchmarks.

UBS falls on FX fine research report

2014-06-12 15:44

UBS shares have fallen following a research report which says the Swiss bank could have to pay $8bn in fines and settlements.

UK watchdog to decide on Libor matter

2014-04-29 11:25

Britain's financial regulator has not yet concluded that there was any misconduct in the foreign exchange market.

RBS facing $600m fine for rate rigging

2013-02-06 14:54

Royal Bank of Scotland will be hit with fines of almost $627m for its role in a global interest-rate rigging scandal, sources familiar with the situation said.

UBS faces $1bn day of reckoning

2012-12-16 23:10

UBS is expected to be hit with a $1bn-plus fine to settle charges of rigging Libor interest rates this week, making it the second bank to be reined in.

UK steps up Libor rate-rigging probe

2012-12-12 11:26

Britain has stepped up its probe into rigging of the Libor interbank lending rate, making its first arrests in a scandal that has shaken the global financial system.

'Rigging pushing up petrol prices'

2012-07-18 11:52

Motorists may have been ripped off with traders allegedly manipulating oil prices in the same way as Libor interest rates, according to reports.

Barclays gets Moody's debt downgrade

2012-07-05 09:48

Moody's has downgraded the debt rating outlook of Absa parent, Barclays', citing the resignations of senior executives in the wake of a rate-rigging scandal.

Swiss question 12 banks as LIBOR probe widens

2012-02-03 14:47

Switzerland is investigating 12 US, European and Japanese banks suspected of manipulating interbank lending rates.


Deutsche Bank fined record $2.5bn

2015-04-24 10:26

Deutsche Bank has agreed with US and British authorities to pay a record $2.5bn to resolve investigations it manipulated benchmark interest rates.

Lloyds Bank fined $370m for Libor rigging

2014-07-28 17:12

Britain's Lloyds Banking Group has agreed to pay $370m to US and British authorities investigating its part in a global interest rate rigging scandal.

UK wants currency-rigging to be a crime

2014-06-12 14:45

British Finance Minister George Osborne is proposing that rigging exchange rates be made a criminal offence.

Libor system to be replaced - report

2013-05-13 07:59

A dual-track system, including survey-based lending rates, is likely to replace scandal-hit London interbank lending rate Libor, a report says.

UBS suffers $2.7bn loss on Libor fines

2013-02-05 09:34

Swiss banking giant UBS has announced a net loss of $2.7bn as fines from the Libor rate-fixing scandal weighed on its results.

UBS to face $1bn Libor rigging fine

2012-12-14 08:35

Swiss bank UBS is expected to pay about $1bn to settle charges of rigging the Libor interest rate benchmark, according to a person familiar with the situation.

Probed banks seeking group settlement

2012-07-20 08:01

Banks being investigated in an interest-rate rigging scandal are looking to pursue a group settlement with regulators rather than face a Barclays-style backlash, sources say.

UK rate scandal: 'SA banks sound'

2012-07-15 17:00

In the wake of UK outrage over the manipulation of Libor rates, financial authorities say the process for determining the interbank lending rate in SA is sound.

Why Libor matters

2012-07-04 07:14

The interbank rate is at the heart of global finance.

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