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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.
How bank-rate rigging hits the real world
Heidi N. Moore Aug 6, 2012
The LIBOR rigging scandal extends beyond Wall Street. Local governments allege fake rates made budget shortfalls worse and hit public services.
LIBOR scandal spreads to U.S. cities
Heidi N. Moore Jul 11, 2012
Ripples from the LIBOR scandal have spread to U.S. cities. Some are suing to recoup overpayment due to alleged interest rate manipulation.
After LIBOR scandal, London fears losing financial crown
Stephen Beard Jul 6, 2012
While Wall Street had been bogged down by regulations and scandal, London took the crown for leading global financial center. Now, with the Barclays and LIBOR-rigging investigation, the British city could find itself being regulated as well.
British Parliament investigating London's financial center
Stephen Beard Jul 6, 2012
The British Parliament has started investigating the ethics of London's financial center. This follows that big scandal involving the British bank Barclays, which was fined a half billion dollars for rigging a key interest rate called LIBOR.
Ex-Barclays CEO Bob Diamond testifies about LIBOR
Stephen Beard Jul 5, 2012
Diamond testified before a committee of the British parliament today about charges Barclays manipulated a key interest rate called the LIBOR. The bank's already been fined over $450 million, but it could be just the beginning of the fallout.
Former Barclays CEO answers questions on LIBOR rate fixing
Stephen Beard Jul 5, 2012
Yesterday Bob Diamond resigned as CEO of Barclays Bank, and this hour he's sitting before a Parliamentary committee in London. Parliament is investigating the possible manipulation of interest rates by Barclays and other banks.
Newly resigned CEO of Barclays questioned by Parliament
Stephen Beard Jul 5, 2012
Today the freshly resigned CEO of Barclays Bank goes before a parliamentary committee in London. Parliament is investigating the possible manipulation of interest rates by Barclays and other banks.
Why Americans should care about LIBOR and Barclays
Heidi N. Moore Jul 3, 2012
Every American bank is involved in the investigation looking into whether Barclays engaged in a type of price fixing on a key global interest rate.
Barclays CEO Bob Diamond steps down
Stephen Beard Jul 3, 2012
The CEO of Barclays bank is out. Bob Diamond is leaving amid a scandal over banks colluding to fix the price of one of the most important interest rates in the world.
