When the Chicago Mercantile Exchange launched its Eurodollar futures contract in 1981, it devised a nearly foolproof way to calculate the London interbank offered rate. Processing Content The CME ...
Michael C. Miller, a partner at Steptoe & Johnson, and Lara Romansic, of counsel at the firm, discuss rescission, which may be a potential solution to the determination of damages caused by LIBOR ...
The London Interbank Offer Rate, commonly known as Libor, has been called "the world's most important number." It is the basis for calculating interest rates on everything from mortgages to student ...
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 ...
NEW YORK/LONDON, July 2 (Reuters) - Officials from the Bank of England and Britain's financial watchdog missed several opportunities to investigate how banks set the London interbank offered rate, now ...
LONDON (MarketWatch) -- U.S. Federal Reserve officials have been in contact with London traders who play a role in setting the London interbank offered rate, or Libor, as central bankers in the United ...
REUTERS - The Federal Reserve Bank of New York may have known as early as August 2007 that the setting of global benchmark interest rates was flawed. Following an inquiry with British banking group ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results