UK regulator outlines LIBOR overhaul Britain's financial regulator has laid out a 10-point plan to overhaul the handling of a key global interest rate that has been the subject of a scandal involving major banks. Business • 28 Sep 12
UK regulator outlines LIBOR overhaul Britain's financial regulator has laid out a 10-point plan to overhaul the handling of a key global interest rate that has been the subject of a scandal involving major banks. Business • 28 Sep 12
Derivative body ISDA says Libor 'hugely relevant' Libor, the interest rate at the centre of an international rate-rigging investigation, must not be scrapped hastily ISDA has said. Business • 20 Sep 12
Derivative body ISDA says Libor 'hugely relevant' Libor, the interest rate at the centre of an international rate-rigging investigation, must not be scrapped hastily ISDA has said. Business • 20 Sep 12
Seven banks ordered to appear in court over Libor The attorneys general of New York and Connecticut have issued subpoenas to seven banks over the possible manipulation of a global interest rate. Business • 16 Aug 12
Seven banks ordered to appear in court over Libor The attorneys general of New York and Connecticut have issued subpoenas to seven banks over the possible manipulation of a global interest rate. Business • 16 Aug 12
Libor rate overhaul launched by UK regulator Libor benchmark interest rates are no longer "fit for purpose" and must be changed or replaced, Britain's regulator has said as he set out proposals to restore their credibility. Business • 10 Aug 12
Libor rate overhaul launched by UK regulator Libor benchmark interest rates are no longer "fit for purpose" and must be changed or replaced, Britain's regulator has said as he set out proposals to restore their credibility. Business • 10 Aug 12
Barclays names Walker as new chairman David Walker, who oversaw a review into bank governance for Gordon Brown, has been unveiled as the new chairman of Barclays. Business • 10 Aug 12
Barclays names Walker as new chairman David Walker, who oversaw a review into bank governance for Gordon Brown, has been unveiled as the new chairman of Barclays. Business • 10 Aug 12
RBS expects fine over Libor scandal The Royal Bank of Scotland expects to be fined for its role in the Libor rigging scandal, its chief executive said. Business • 30 Jul 12
RBS expects fine over Libor scandal The Royal Bank of Scotland expects to be fined for its role in the Libor rigging scandal, its chief executive said. Business • 30 Jul 12
US Geithner defends actions over rate-fixing Republican lawmakers have criticised Treasury Secretary Timothy Geithner for failing to alert Congress four years ago that banks could manipulate a key global interest rate. Business • 25 Jul 12
US Geithner defends actions over rate-fixing Republican lawmakers have criticised Treasury Secretary Timothy Geithner for failing to alert Congress four years ago that banks could manipulate a key global interest rate. Business • 25 Jul 12
Ex-lawyer to head Barclays inquiry A top lawyer-turned-investment banker is to lead a far-reaching review into the culture at Barclays in the wake of the rate-rigging scandal. Business • 24 Jul 12
Ex-lawyer to head Barclays inquiry A top lawyer-turned-investment banker is to lead a far-reaching review into the culture at Barclays in the wake of the rate-rigging scandal. Business • 24 Jul 12
Banks in Libor probe consider 'group settlement' A group of banks being investigated in an interest-rate rigging scandal are looking to pursue a group settlement with regulators, sources have said. Business • 20 Jul 12
Banks in Libor probe consider 'group settlement' A group of banks being investigated in an interest-rate rigging scandal are looking to pursue a group settlement with regulators, sources have said. Business • 20 Jul 12
US states probing banks over Libor manipulation New York Attorney General Eric Schneiderman has launched a probe into possible manipulation of the Libor benchmark international lending rates by global banks, his spokesman has said. Business • 16 Jul 12
US states probing banks over Libor manipulation New York Attorney General Eric Schneiderman has launched a probe into possible manipulation of the Libor benchmark international lending rates by global banks, his spokesman has said. Business • 16 Jul 12
BofE confirms receipt of 2008 Libor concerns The Bank of England has confirmed that it received US recommendations to overhaul the Libor interest rate. Business • 13 Jul 12
BofE confirms receipt of 2008 Libor concerns The Bank of England has confirmed that it received US recommendations to overhaul the Libor interest rate. Business • 13 Jul 12
UK MPs to question FSA Chairman over Libor scandal UK MPs will question the head of Britain's financial regulator, as well as Barclays' former chief operating officer on Monday in the Libor interest rate rigging scandal. Business • 11 Jul 12
UK MPs to question FSA Chairman over Libor scandal UK MPs will question the head of Britain's financial regulator, as well as Barclays' former chief operating officer on Monday in the Libor interest rate rigging scandal. Business • 11 Jul 12
Senate Committee to question Bernanke and Geithner US Senators are to question Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke about a bank rate-rigging scandal. Business • 10 Jul 12
Senate Committee to question Bernanke and Geithner US Senators are to question Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke about a bank rate-rigging scandal. Business • 10 Jul 12
Fed may have known about Libor flaws in 2007 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. Business • 10 Jul 12
Fed may have known about Libor flaws in 2007 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. Business • 10 Jul 12
Barclays' Diamond to give up £20m bonus Former Barclays chief executive Bob Diamond, who resigned over a rate-rigging scandal, is not claiming bonuses worth £20m sterling, the bank's chairman said today. Business • 10 Jul 12
Barclays' Diamond to give up £20m bonus Former Barclays chief executive Bob Diamond, who resigned over a rate-rigging scandal, is not claiming bonuses worth £20m sterling, the bank's chairman said today. Business • 10 Jul 12
Bank of England deputy didn't order rate-rigging Bank of England's deputy governor today told MPs he "absolutely" refuted claims that he attempted to influence Barclays into manipulating the Libor rate. Business • 09 Jul 12
Bank of England deputy didn't order rate-rigging Bank of England's deputy governor today told MPs he "absolutely" refuted claims that he attempted to influence Barclays into manipulating the Libor rate. Business • 09 Jul 12
Diamond says behaviour was 'reprehensible' Bob Diamond has said "This behaviour was reprehensible and it was wrong. I stand for a lot of people at Barclays who are angry about it." Business • 04 Jul 12
Diamond says behaviour was 'reprehensible' Bob Diamond has said "This behaviour was reprehensible and it was wrong. I stand for a lot of people at Barclays who are angry about it." Business • 04 Jul 12
Cameron blasts 'appalling' rate-fixing scandal British Prime Minister David Cameron has branded a rate fixing scandal which prompted Barclays CEO Bob Diamond to quit as "appalling" and "outrageous." Business • 04 Jul 12
Cameron blasts 'appalling' rate-fixing scandal British Prime Minister David Cameron has branded a rate fixing scandal which prompted Barclays CEO Bob Diamond to quit as "appalling" and "outrageous." Business • 04 Jul 12
Libor, Euribor - the tick-tock of global finance The Euribor and Libor rates at the centre of the price rigging scandal hitting Barclays bank are interbank rates at the heart of short-term financing on a world scale. Business • 03 Jul 12
Libor, Euribor - the tick-tock of global finance The Euribor and Libor rates at the centre of the price rigging scandal hitting Barclays bank are interbank rates at the heart of short-term financing on a world scale. Business • 03 Jul 12
Barclays CEO Bob Diamond resigns over rate scandal Barclays chief executive Bob Diamond has resigned with immediate effect in the wake of the rate-rigging scandal at the bank. Business • 03 Jul 12
Barclays CEO Bob Diamond resigns over rate scandal Barclays chief executive Bob Diamond has resigned with immediate effect in the wake of the rate-rigging scandal at the bank. Business • 03 Jul 12
UK parliament to probe Barclays rate-rigging Britain's parliament will launch a probe into the interest rate rigging scandal that has claimed the job of Barclays chairman Marcus Agius, Prime Minister David Cameron said today. Business • 02 Jul 12
UK parliament to probe Barclays rate-rigging Britain's parliament will launch a probe into the interest rate rigging scandal that has claimed the job of Barclays chairman Marcus Agius, Prime Minister David Cameron said today. Business • 02 Jul 12
British parliament to probe bank rate scandal British Prime Minister David Cameron has announced a parliamentary inquiry into the interest rate rigging scandal that has claimed the job of Barclays chairman Marcus Agius. News • 03 Jul 12
British parliament to probe bank rate scandal British Prime Minister David Cameron has announced a parliamentary inquiry into the interest rate rigging scandal that has claimed the job of Barclays chairman Marcus Agius. News • 03 Jul 12