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Judge dismisses LIBOR lawsuits against big banks
Kai Ryssdal Mar 29, 2013
This afternoon, a federal judge in New York dismissed a big chunk of the lawsuits against banks involved in the LIBOR scandal.
The UBS LIBOR emails... in haiku
Jeff Horwich Dec 20, 2012
Those internal emails of UBS LIBOR rate-rigging do have a certain poetic ring to them...
UBS targeted in interest-rate rigging scandal
Bob Moon Dec 14, 2012
Swiss bank UBS is reportedly close to a $1 billion settlement with regulators over the LIBOR rate-rigging scandal.
UBS could face a $1 billion LIBOR settlement
Stephen Beard Dec 14, 2012
The Swiss banking giant UBS is reportedly headed for a $1 billion settlement over accusations it rigged LIBOR interest rates -- the benchmark for global lending.
British regulators react to LIBOR scandal
Stephen Beard Sep 28, 2012
After a recent scandal surrounding manipulation of a key interest rate, reforms are being proposed.
LIBOR scandal leads to calls for change
Stephen Beard Sep 28, 2012
Reform is on the way after fraudulent manipulation of the London Interbank Offered Rate, or LIBOR, the rate used by many banks in lending to each other.
British banking group gives up LIBOR power
Stephen Beard Sep 26, 2012
A group representing British banks is giving up its responsibility for setting a key global interest rate. The British Bankers Association will no longer control LIBOR -- the London Interbank Offered Rate. That's the benchmark for hundreds of trillions
of dollars in mortgages, student loans and other transactions around the world.
States pursuing banks on LIBOR rate rigging
Heidi N. Moore Aug 16, 2012
The attorneys general of New York and Connecticut have sent subpoenas to several banks, including JPMorgan Chase and Citigroup. When it comes to banking scandals, it's state regulators who are out in front.
LIBOR scandal reaches major U.S. banks
Jeff Horwich Aug 16, 2012
The other shoes have finally dropped in the LIBOR investigation. Seven other shoes, in fact. Attorneys general in New York and Connecticut have subpoenaed seven of the world's biggest banks, including Citigroup and JPMorgan Chase here in the U.S.
States investigate JPMorgan, Citigroup, and others over LIBOR
Heidi N. Moore Aug 16, 2012
today, there's word that a number of other banks -- including JPMorgan Chase and Citigroup -- are being subpoenaed by regulators in New York and Connecticut. It's all about charges that the banks rigged an interest rate called LIBOR.
