Former Barclays chairman Marcus Agius faced the Parliamentary Treasury Select Committee on the LIBOR scandal in London in July. Photo by Jason Alden/Bloomberg via Getty Images. One of the biggest ...

(The New Republic) A number of commentators have wondered why the rigging of LIBOR -- the most widely used interest-rate in the world -- hasn't caused the uproar in this country that it's provoked ...

You might have that, across the pond, major London banks are embroiled in something called the LIBOR scandal. However, you might not be sure what that is, or whether it should matter at all to you ...

Published Aug 04, 2015 at 5:16 PM EDT Updated Apr 11, 2016 at 11:16 PM EDT Aug 04, 2015 at 5:16 PM EDT Updated Apr 11, 2016 at 11:16 PM EDT ...

Libor, the London interbank offered rate, is a global benchmark for interest rates on everything from credit cards to trillions of dollars in financial derivatives and is at the heart of a scandal ...

Sometimes fake-news host Jon Stewart is a better source of banking news than his counterparts in broadcast journalism. Since June 27, the Libor rate-fixing scandal has cost Barclays $450 million in ...

The tricky thing about this scandal is that the impact was subtle, indirect and possibly very widespread. All of that makes specific damages hard to pin down, but here are some general outcomes.

The scandal over manipulation of a key interest rate raises the question: Who was hurt if bankers were pushing global rates down? A lot of the coverage of the LIBOR scandal has focused on the ways ...

In late 2011, Royal Bank of Scotland sacked four people for their alleged roles in the Libor-fixing scandal. 2012 On 27 June, Barclays admitted to misconduct.

In wake of LIBOR scandal, Barclays names new CEO. August 30, 2012 / 8:00 AM EDT / AP ... Jenkins takes over just as the bank has been hit by more bad news. ...