LONDON (Reuters) - Libor benchmark interest rates are no longer "fit for purpose" and must be changed or replaced, Britain's regulator said on Friday as he set out proposals to restore their credibility.
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04/16/2024 - 1:32 am | View Link - News updates from April 12: ECB keeps interest rates on hold; OJ Simpson dies aged 76
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04/12/2024 - 7:38 am | View Link - Lobby group backs calls for VAT overhaul
A business lobby group has backed a cafe owner's call for an overhaul of Manx VAT rates for hospitality firms. Earlier this week, the owner of the Victory Cafe Vicky Cottier said that hospitality ...
04/11/2024 - 7:13 am | View Link - Libor trader Hayes loses appeal against rate-rigging conviction
the first trader in the world to be jailed for interest rate rigging, lost his appeal against his conviction on Wednesday, a decision he said he would seek to challenge at the UK's Supreme Court.
03/27/2024 - 6:47 am | View Link - Tom Hayes: First City trader jailed over Libor interest rate rigging loses appeal against 2015 conviction
Outside court, Hayes described the decision as a "shock" and said he would be taking his case to the UK's highest court ... manipulating Libor - a benchmark rate once used to price trillions ...
03/27/2024 - 1:53 am | View Link - More
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