In the wake of multiple criminal and regulatory investigations into alleged manipulation of the London Interbank Offered Rate (“LIBOR”), Andrew Bailey, Chief Executive of the UK Financial Conduct ...

What is the London Interbank Offered Rate (LIBOR)? The London Interbank Offered Rate (LIBOR) was the interest rate benchmark used to calculate the average rate at which banks would offer a short-term ...

LIBOR, the London Interbank Offered Rate, sometimes referred to as the Eurodollar rate in loan documents, is calculated and published on a daily basis by averaging the price at which each of 18 banks ...

ICE Benchmark Administration, the administrator of the LIBOR benchmark, has published a report setting out how it proposes to transition panel banks to the new “Waterfall Methodology” outlined in its ...

June 19 - The independent Foreign Exchange and Money Markets Committee discuss the definition of BBA LIBOR each time they meet, to ensure the rates remain the best possible benchmark for these rapidly ...

Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced today that ICE Benchmark Administration (“IBA”) ...

The Financial Accounting Standards Board issued a proposed accounting standards update Wednesday that would give preparers more time to use its earlier reference rate reform relief guidance and expand ...

Former UBS and Citigroup trader Hayes (45) was convicted of conspiring to rig the London Interbank Offered Rate (Libor), while Palombo (44), a former trader at Barclays, was convicted of rigging the ...

The Governmental Accounting Standards Board proposed accounting and financial reporting guidance Thursday for state and local governments to help them transition away from the London Interbank Offered ...

LONDON--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that ICE ...