With LIBOR's long-awaited sunset, the future of interest rate benchmarking must be defined by choice, writes John Shay, CEO of American Financial Exchange. The moment of truth is finally here: the ...

LONDON – A British financial trader, who has been described as the ringleader in the manipulation of a key interest rate before and after the global financial crisis, lost his appeal Wednesday ...

WASHINGTON - The Inter-American Development Bank (IDB ... and its characteristics differ from the more established London Interbank Offered Rate (LIBOR). The performance of SOFR may not correlate ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. LONDON (AP) — A British financial ...

was found guilty in 2015 of manipulating the so-called London Inter-Bank Offered Rate, or LIBOR, between 2006 and 2010. Hayes, who was described at his trial of being at the center of an enormous ...