Good question! To provide the answer, we’ll need to travel overseas to check out the international money markets. Before discussing LIBOR, you should know about Eurodollars. A good place to start is ...
LONDON (Reuters) - Standard Chartered won its bid in a London court on Tuesday to replace the financial benchmark it used to set dividend rates for some shares, which the bank said provided "clarity" ...
ZURICH (Reuters) - The Swiss National Bank's failure to wrest back immediate control over the three-month Swiss franc LIBOR, despite joining its peers in coordinated interest rate cuts, has cast doubt ...
Tom Hayes, the first trader ever jailed for interest rate rigging, had his conviction overturned by Britain’s top court Wednesday after a years-long fight to clear his name. The UK Supreme Court ...