In a 273-page decision, U.S. District Judge Naomi Reice Buchwald said that despite 14 years of litigation, investors lacked ...

LIBOR set interest rates for trillions of dollars in loans for over 30 years. Banks manipulated the rate because it relied on estimates rather than real transactions. A new system called SOFR replaced ...

In a sweeping decision that closes one of the most high-profile financial cases of the past decade, U.S. District Judge Naomi Reice Buchwald has dismissed all remaining claims in the Libor-rigging ...

A federal judge has thrown out the last remaining claims in sprawling litigation that accused global banks of conspiring to ...

Tom Hayes, the former UBS and Citigroup rates trader who was the first person to be jailed for rigging Libor interest rates, had his conviction overturned on Wednesday by the UK's top court, ending ...

When the LIBOR interest-rate fixing scandal broke wide open over the summer, I asked whether it was “The Crime of the Century.” The answer to that question relied on whether banks were understating ...

Despite clearing his name, Tom Hayes' conviction is still listed on the police national computer, meaning he cannot get a ...

LONDON, Jan 24 (Reuters Breakingviews) - ICAP’s Libor woe comes at an awkward time for the broking industry. The London-based inter-dealer broker is being investigated by the Financial Services ...

India phases in SORR to replace Mibor, reflecting broader liquidity and repo market activity. RBI prepares for swaps ...