A flagrant attempt to scapegoat bankers for the last crisis collapses.

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 ...

If your credit card's variable interest rate was tied to LIBOR, you should have gotten notice from your issuer that your card will transition to a new index. There are rules related to the transition ...

Now is the time to transition away from the London interbank offered rate, the decades-old benchmark used to calculate the rate of interest charged on more than half of adjustable-rate U.S. home ...

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 ...

If Wall Street, The City (London’s Financial Center) and other high-finance powerhouses were teenagers, would you trust them with the keys to the car? You might want to think twice about it if you don ...

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 ...

NEW YORK (Reuters) -Libor, or the London Interbank Offered Rate, will no longer be used for new derivatives and loans as of Jan. 1. The benchmark and reference rate, which had $265 trillion linked to ...

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 ...

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 ...

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 ...

Former Barclays chairman Marcus Agius faced the Parliamentary Treasury Select Committee on the LIBOR scandal in London in July. Photo by Jason Alden/Bloomberg via Getty Images. One of the biggest ...