Nothing has been proven as yet, but if Libor has been manipulated for banks to make big profits (or avoid big losses) then it could open the floodgates for legal action, bad news for banks ...

Self-driving car proponents promise a lot of profits, but a handful of companies are competin ...

Barclays' finance chief is investigated as the Libor scandal widens. David Weidner has details, and insights into what Treasury Secretary Geithner's testimony says about who is really to blame in ...

On October 1, 2024, the United Kingdom Financial Conduct Authority (UK FCA) phased out ‘Zombie’ LIBOR, as a transitional benchmark, with the move ...

In response to the Libor rigging scandal, Barnier will amend reforms ... tampering with indices such as Libor and Euribor, the newspaper said. He is cited as calling the falsification of such ...

Hayes was the highest-profile of nine U.K. convictions in the Libor scandal. He said he would continue to try to exonerate himself, in part so that his son would no longer have a father with a ...

The Libor scandal led to banks paying big fines. Traders like Hayes argue they were scapegoated.

The financial news agency Thomson Reuters gathers the reported ... signs of collusion have been generally inconclusive. Following the scandal there were some calls to eliminate LIBOR. But because it ...

But statistical evidence of bank-specific LIBOR collusion and manipulation has been limited. Nevertheless, criminal investigations eventually uncovered the direct evidence that led to the massive ...

though Sky News said the bank would ask Diamond to forfeit almost 20 million pounds in bonuses. Politicians and newspapers have zeroed in on the scandal - which revealed macho e-mails of bankers ...