The 21st has been a banner century for financial and accounting scandals. Enron, the dotcom bust, the subprime-mortgage crisis and the bank bailouts have all contributed to the very low esteem in ...

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 ...

Within the financial sector, few topics are hotter right now than the manipulation of the London Interbank Offered Rate, or Libor. Libor, essentially, is the average benchmark for different interest ...

Sign up for The Media Today, CJR’s daily newsletter. When wrongdoing by Big Business is in the news, you can usually count on the WSJ editorial page to do its best ...

When the LIBOR interest-rate fixing scandal broke wide open over the summer, I asked whether it was “The Crime of the Century.” The answer to that question relied on whether banks were understating ...

With news leaking that Union Bank of Switzerland is poised to pay a $1 billion fine for its involvement in the manipulation of Libor, we once again are led to the conclusion that for those involved in ...

On Dec. 4 several world banks were implicated in an interest rate fixing scheme that amounted to, in the words of the European Commission, a financial world “illegal cartel,” and were ordered to pay ...

It's hard to suss out what happened with the rigging of Libor -- or estimate eventual monetary damages, if any, to U.S. banks being probed by regulators. But one attorney says the scandal may be the ...

(Reuters) - Libor, the London interbank offered rate, is a global benchmark for interest rates on everything from credit cards to trillions of dollars in financial derivatives and is at the heart of a ...

(Reuters) - Libor, the London interbank offered rate, is the global benchmark for interest rates on everything from credit cards to trillions of dollars in financial derivatives and is at the heart of ...

LONDON (AP) — Britain’s financial regulator on Friday launched a quick review of the London interbank offered rate (LIBOR), the interest rate index that has been subject of a global scandal, raising ...

Discover how MIFOR, the Mumbai Interbank Forward Offer Rate, influenced Indian banking with forward agreements and ...