The Hogg Tendering Advisory Committee, which has overseen the selection of a new administrator to calculate the LIBOR (London Interbank Offered Rate) benchmark lending rate following the scandal of ...
• 3-month U.S. dollar Libor has increased by 0.2% over the past two months, which carries almost the same impact as a full rate hike, even though the Fed has not raised rates since December 2015. • ...
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 ...
Bloomberg reported that Charles Schwab Corporation ( SCHW) has a filed a lawsuit against global banks including Bank of America Corporation ( BAC) over charges of rigging the benchmark interest rate - ...
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