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 ...

The Court of Appeal in London on Wednesday quashed the criminal convictions of five former financial traders for manipulating ...

Wednesday’s ruling comes after the UK Supreme Court quashed the conviction of Tom Hayes, the former UBS and Citigroup trader ...

Concern was recently expressed in the UK on the use of credit sensitive rates in financial instruments geared towards less sophisticated borrowers. Since the complex and relatively opaque risks may ...

The proposed powers for the Financial Conduct Authority ("FCA") to manage the London Interbank Offered Rate ("LIBOR") transition should address so-called "tough legacy" contracts involving UK ...

Tom Hayes, the first trader jailed worldwide for interest rate rigging, lost his appeal against his conviction in a London court on Wednesday. Hayes, a former star Citigroup and UBS trader, was ...

LONDON--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Benchmark Administration Limited ...

LONDON, April 6 (Reuters) - Two former junior Barclays traders have been unanimously acquitted by a London jury of conspiring to rig Libor benchmark interest rates in a blow to the UK Serious Fraud ...