[Asia Economy Reporter Park Sun-mi] With the LIBOR rate calculation set to be discontinued in January next year, financial authorities and major banks are in the final stages of preparation. Banks are ...

It’s time to stop “postponement syndrome” over the expiration of the London interbank offered rate. There can be no more stalling. In March, Federal Reserve Vice Chair for Supervision Randal Quarles ...

The London Interbank Offer Rate, commonly known as Libor, has been called "the world's most important number." It is the basis for calculating interest rates on everything from mortgages to student ...

ICE Benchmark Administration stated that it does not expect sufficient input data required to calculate USD Libor ICE swap rate settings to be available after 30 June 2023. The Intercontinental ...

So far, as a result of the LIBOR scandal -- in which Barclays manipulated the all-important London Inter-bank Offered Rate, which governs hundreds of trillions of dollars of loans, securities and ...

LONDON (MarketWatch) -- U.S. Federal Reserve officials have been in contact with London traders who play a role in setting the London interbank offered rate, or Libor, as central bankers in the United ...

REUTERS - The Federal Reserve Bank of New York may have known as early as August 2007 that the setting of global benchmark interest rates was flawed. Following an inquiry with British banking group ...

The recent onslaught of LIBOR litigation raises two important issues for potential plaintiffs considering individual lawsuits outside the existing class actions. The first relates to remedy. The ...

(Reuters) - The Federal Reserve Bank of New York may have known as early as August 2007 that the setting of global benchmark interest rates was flawed. Following an inquiry with British banking group ...