The new administrator of the London Interbank Offered Rate, or Libor, has unveiled its proposed plans for basing calculation of the Libor rate on actual transactions, instead of estimates, to make it less susceptible to manipulation. ... FierceFinanceIT, 2 days ago
Libor's New Manager Seeks Standard Rules for Bank Calculation of Benchmark - BusinessWeek, 4 days ago
Banks Range of Libor Calculation Methods May Be Standardized - Bloomberg, 4 days ago
3 images for "london interbank"
By By | Reuters 13 minutes ago LONDON (Reuters) - Banks who submit quotes for compiling Libor interest rates will have to follow a manual of instructions to avoid a repeat of the rigging seen in the past, the benchmark's new administrator said on ...Yahoo! UK and Ireland, 4 days ago
Intercontinental Exchange Inc., the London Metal Exchange and CME Group Inc. and Thomson Reuters Corp. are among firms shortlisted to develop and run a replacement for the century-old London gold fixing benchmark. Autilla Ltd. (Sapient) and EBS ...BusinessWeek, 6 days ago
Public sector lender Syndicate Bank is reworking its international banking strategy with London Branch focusing on customer lending than participating in interbank business to improve margins. Its overseas loan book grew from Rs 27,244 crore in June 2013 (Q1 ...Business Standard, 2 months ago
ICE Benchmark Administration Limited (IBA) has published a position paper on the evolution of the London Interbank Offered Rate (LIBOR) (also known asPractical Law Company, 3 days ago ICE Benchmark Administration (IBA) publishes position paper on the evolution and enhancement of ICE LIBOR (LIBOR) Town Hall, 4 days ago
By Max Colchester Ice Benchmark Administration Ltd. Monday proposed a package of new measures to make the London interbank offered rate more accurate and less susceptible to manipulation. Libor, a benchmark which shows interbank borrowing rates ...4 Traders, 4 days ago
LONDON, Oct 23 (Reuters) - Britain's leading prosecutor, the Serious Fraud Office (SFO), has asked its government paymasters for an extra 26.5 million pounds ($42.4 million) to help fund complex investigations, such as alleged financial benchmark ...CNBC, 1 day ago UK fraud prosecutor seeks more cash for big cases Interactive Investor, 23 hours ago UPDATE 1-UK fraud prosecutor seeks more cash for big cases Reuters UK, 1 day ago UK fraud prosecutor seeks extra £26.5m Finance 24, 1 day ago
Nigeria's naira strengthened, rebounding from the lowest level in seven months, on speculation the central bank is intervening by selling dollars. The currency of Africa's largest economy gained 0.2 percent to 165.08 against the dollar as of 2:34 ...BusinessWeek, 1 day ago Nigeria Naira Rebounds From 7-Month Low as Bank Seen Intervening GARP, 1 day ago
The European Commission slapped multi-million euro fines on three leading global banks on Tuesday for rigging international interest rates. US investment bank JP Morgan was charged almost 62 million euros ($79 million) for colluding with the ...Deutsche Welle, 2 days ago Global Banks Said to Get EU Fines Over Swiss Franc Libor Bloomberg, 1 week ago Chickenfeed Libor fine from EU Banking Day, 1 day ago Banks Said to Face EU Fines Over Swiss Franc Libor Rigging GARP, 1 week ago
More from: , Washington Post...and 3 other sources
Petrobangla is preparing to pay Tk216 crore as outstanding gas bills to Canadian oil company Niko after losing a long-standing legal battle, officials said. In its judgement, handed down on September 11, 2014, the International Centre for ...New Age Bangladesh, 2 days ago Petrobangla files rejoinder against Niko at ICSID Dhaka Tribune, 1 day ago Compensation for gas blowout blocked by legal tangles Financial Express Bangladesh, 1 day ago
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