A widely-used benchmark for U.S. short-term interest rates has dropped to record lows, joining its European peers, in the latest sign that massive central bank stimulus has suppressed borrowing costs.
With LIBOR's long-awaited sunset, the future of interest rate benchmarking must be defined by choice, writes John Shay, CEO of American Financial Exchange. The moment of truth is finally here: the ...
Euribor, a euro version of the tarnished Libor interest rate benchmark, will be available for the foreseeable future, the European Union's markets watchdog said on Monday.
Hosted on MSN
What was the LIBOR rate, and what happened to it?
LIBOR set interest rates for trillions of dollars in loans for over 30 years. Banks manipulated the rate because it relied on estimates rather than real transactions. A new system called SOFR replaced ...
Steve Neavling ticklethewire.com The U.S. Justice Department is investigating several financial institutions and their employees over the manipulation of interest rates, Reuters reports. Traders at ...
OLDWICK, N.J.--(BUSINESS WIRE)--As the process for replacing the London Interbank Offered Rate (LIBOR) nears its conclusion, existing contracts that do not provide for the use of a replacement ...
The London Interbank Offered Rate, or LIBOR—one of the most widely-recognized interest rate benchmarks of the past 37 years—will officially be retired today. The London Interbank Offered Rate, or ...
NEW YORK, May 22 (Reuters) - The effective demise of the tainted London Interbank Offered Rate (LIBOR) next month and the switch to the risk-free rate has renewed concerns about the potential negative ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback