Chief Executive Officer, London Stock Exchange (LSE), Nikhil Rathi (left); Director-General, National Pension Commission (PENCOM), Chinelo Anohu-Amazu; UK Minister for International Trade, Greg Hands; Nigeria's Minister of Finance, Kemi Adeosun; ... The Guardian Nigeria, 9 hours ago
Cash refunds, N138b bills' maturity crash interbank rates - Guardian - Naija Daily Wire, 8 hours ago
Ex-trader convicted of rigging LIBOR claims authorities had a 'lack of understanding' and a 'flawed case'
Tom Hayes, the former banker convicted for his role in rigging the London Interbank Offered Rate (LIBOR) has heavily criticised both the Financial Conduct Authority and Serious Fraud Office for having a lack of understanding of how the rate worked, ...Business Insider Australia, 3 days ago
The United States Treasury Department would like to break the market of its Libor addiction. The London Interbank Offered Rate, a measure of the interest banks claim to charge one another to loan money, is tied to an estimated $350 trillion of ...Bloomberg, 3 days ago
London — The UK Serious Fraud Office has called in a number of current and former Barclays executives for interviews, as the agency presses ahead with another strand of a wide-ranging probe into the manipulation of benchmark rates, according to a ...Business Live South Africa, 6 days ago Barclays U.K. Executives Said to Face Libor Interviews With SFO Bloomberg, 1 week ago
By Bloomberg Tracy Alloway If the London Interbank Borrowing Rate was a musical artist, or an actor, or a sports team, we'd be calling 2016 its comeback year. Not since the financial crisis of 2008 has Libor, to which almost $7 trillion of ...Economic Times, 1 week ago A $7 Trillion Moment of Truth in Markets is Just Three Days Away Bloomberg, 1 week ago A $7-T Event in the World's Financial Markets Is Looming Live Trading News, 1 week ago New rules send global lending benchmark 42% higher Business Mirror, 1 week ago
Libor, or the London interbank offered rate, is a rate based on what big banks charge each other for overnight loans. It doesn't make sense for non-bank borrowers to face increased costs because of stress in the banking sector, Daleep Singh, ...Morningstar.com, 3 days ago Give Libor Some Competition Korea Herald, 1 month ago RYDER SYSTEM : U.S. Treasury Official Encourages Borrowers to Shift From Libor 4 Traders, 3 days ago
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LONDON, Sept 16 (Reuters) - The Bank of England said on Friday it aimed to revamp Britain's interbank payment system by 2020, and that future users would pay for this through a temporary increase in charges.The BoE's real-time gross settlement ...London South East, 1 month ago Bank of England revamps interbank system IT Web, 1 month ago BOE to revamp interbank payment system Pakistan Observer, 1 month ago UPDATE 1-Bank of England aims to revamp interbank payment system by 2020 London South East, 1 month ago
(CDT) New York and San Francisco and London -- Financial innovation company R3 and twelve of its consortium member banks have trialed Ripple's distributed financial technology and the potential for its digital asset to scale liquidity and reduce the ...Green Sheet, 3 days ago
Transparency in the fixing process has come under scrutiny since a scandal broke in 2012 over the rigging of the London interbank offered rate, or Libor. SINGAPORE: Singapore will study the possibility of bringing the gold benchmark pricing in ...Free Malaysia Today, 6 days ago Singapore aims for Asia to help set gold price Shenzhen Daily, 6 days ago Singapore makes another bid for Asia to help set gold price Smart Investor, 1 week ago China, Singapore boost gold pricing campaign in push for Asia Reuters India, 1 week ago
LONDON, Oct 10 (Reuters) - The Bank of England said on Monday it planned to change the way a benchmark for interbank lending is calculated as part of its attempts to stamp out the manipulation of key yardsticks in financial markets.The BOE said it ...London South East, 2 weeks ago
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