Differences in LIBOR replacement rates could upset complex deal structures. Floating rate debt instruments for commercial real estate loans and many other forms of financing have for decades relied on ...

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 ...

The Court of Appeal in London on Wednesday quashed the criminal convictions of five former financial traders for manipulating the Libor and Euribor interest rate benchmarks, the latest twist in the ...

Rates on some business loans could rise by roughly three percentage points in July if Libor-related contractual language is not changed in the next several weeks. Banks, lawyers and business leaders ...

Lenders and brokerage firms were accused of manipulating the London interbank offered rate, known as Libor, and the Euribor benchmark, which served as foundational anchors for the global financial ...

LONDON (Reuters) - On June 30, British bank NatWest sent out an arcane-sounding press release - bus operator National Express had become the first company to take out a loan based on Sonia, a ...

A British appeal court has quashed the fraud convictions of five former Barclays traders in the Libor manipulation case. The ruling deepens the fallout from flawed jury directions and closes another ...

Financial institutions are preparing for the phase-out of the London Interbank Offered Rate (LIBOR), the most widely used short-term lending benchmark in the world. It’s a complicated regulatory issue ...

The advent of a new calendar year means many things. For municipalities with outstanding bank loans or interest rate swaps, 2020 may be the year when many first hear about the long-planned phase-out ...

Matt Levine at Dealbreaker points out something that I had never quite realized: A lot of smart people believed that Libor was the risk-free rate of interest. The Libor scandal has always puzzled me ...