ICE Benchmark Administration (IBA), the firm that is now responsible for overseeing the setting of the LIBOR financial benchmark, is proposing further reforms to its calculation methodology, the firm ...

Simply sign up to the Capital markets myFT Digest -- delivered directly to your inbox. The British Bankers Association, which oversees the London interbank offered rate – one of the most important ...

It’s time to stop “postponement syndrome” over the expiration of the London interbank offered rate. There can be no more stalling. In March, Federal Reserve Vice Chair for Supervision Randal Quarles ...

[Asia Economy Reporter Park Sun-mi] With the LIBOR rate calculation set to be discontinued in January next year, financial authorities and major banks are in the final stages of preparation. Banks are ...

July 10 (Reuters) - 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. Following an inquiry with British ...

With this USD 100 million ECB deal, which is for five years, SBI and IOCL reached an important milestone in LIBOR (London Inter-Bank Offered Rate) transition. The country’s largest lender SBI on ...

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 Federal Reserve Bank of New York may have known as early as August, 2007, that the setting of global benchmark interest rates was flawed. Following an inquiry with British banking group Barclays ...

The recent onslaught of LIBOR litigation raises two important issues for potential plaintiffs considering individual lawsuits outside the existing class actions. The first relates to remedy. The ...