The 21st has been a banner century for financial and accounting scandals. Enron, the dotcom bust, the subprime-mortgage crisis and the bank bailouts have all contributed to the very low esteem in ...

Libor is calculated for multiple terms each day by the British Bankers’ Association based on submissions received from 16 global banks. The four highest and the four lowest submissions are disregarded ...

Within the financial sector, few topics are hotter right now than the manipulation of the London Interbank Offered Rate, or Libor. Libor, essentially, is the average benchmark for different interest ...

Sign up for The Media Today, CJR’s daily newsletter. When wrongdoing by Big Business is in the news, you can usually count on the WSJ editorial page to do its best ...

Sign up for The Media Today, CJR’s daily newsletter. In the real word, big conspiracies are hard to maintain. People talk. Disagreements develop. Word tends to get ...

When the LIBOR interest-rate fixing scandal broke wide open over the summer, I asked whether it was “The Crime of the Century.” The answer to that question relied on whether banks were understating ...

ZURICH, July 13 (Reuters) - The Swiss National Bank looks set to stick to Libor as the cornerstone of monetary policy despite the growing scandal over the manipulation of the benchmark interest rate.

Tom Hayes, the former City trader who was jailed in 2015 for his part in rigging inter-bank interest rates, the so-called Libor scandal – was a patsy. The former UBS and Citigroup trader was convicted ...

To the long, dismal list of fatally broken institutions — GDP, governments, schools, corporations — we can add the mysterious Libor, and its conveniently comfortable calculation. It’s difficult to ...

“The conspiracy to fix Libor appears more extensive than had been previously thought,” harrumphs the Financial Times in respect of the $1.2 billion fine of UBS over the London Interbank Offered Rate. ...

REUTERS - 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 ...