In an update earlier last year, we highlighted the ongoing legal developments in connection with key cases surrounding the London InterBank Offered Rate (LIBOR) manipulation scandal with respect to a ...

As fresh details continue to emerge about the Libor fixing scandal that has already claimed the head of Bob Diamond, the American chief executive of British bank Barclays, everybody, it seems, is ...

Michael C. Miller, a partner at Steptoe & Johnson, and Lara Romansic, of counsel at the firm, discuss rescission, which may be a potential solution to the determination of damages caused by LIBOR ...

The first person to be charged as part of the investigation in to LIBOR manipulation has been found guilty on eight counts of conspiracy to defraud and sentenced to 14 years in prison. Former ...

July 16 (Reuters) - The thousands of U.S. community banks have often said their much larger counterparts have trampled on them. Now some hope the latest Wall Street scandal could give them ammunition ...

LONDON — Four former employees with Barclays PLC were jailed Thursday for manipulating Libor — the London Interbank Offered Rate, the United Kingdom's Serious Fraud Office said. Jonathan James Mathew ...

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 ...

LONDON, July 17 (Reuters) - Britain's financial watchdog said it had prioritised the worst cases of Libor benchmark interest rate fixing, providing a signal that the largest fines for banks' alleged ...

I don’t think that’s going to be a problem anymore. Sign up here. Trader: “Can you pls continue to go in for 3m Libor at 5.365 or lower, we are all very long cash here in ny.” Libor rate submitter: ...

In a recent alert, we highlighted the United Kingdom (UK) benchmark manipulation cases of Tom Hayes and Carlo Palombo from 2015 and 2019, respectively. Hayes was the first banker to be jailed in the ...