LONDON Reuters) - Three former Barclays (BARC.L) traders have been found guilty by a London jury of conspiring to fraudulently manipulate global benchmark interest rates in a stark warning to junior ...

Two Kenyan banks held loans worth Sh5.2 billion that were still pegged on the defunct London Interbank Offered Rate (Libor) at the end of 2024, awaiting approval from customers on the new reference ...

LONDON (Reuters) -Tom Hayes, the first trader ever jailed for interest rate rigging, had his conviction overturned by Britain's top court on Wednesday after a years-long fight to clear his name. The ...

The UK’s supreme court has overturned Tom Hayes’ 2015 criminal fraud conviction for manipulating the Libor benchmark. The prosecution agency will not seek a retrial. The court found that the original ...

WASHINGTON, Dec. 22, 2022 /PRNewswire/ -- Fannie Mae (FDDXD) (OTCQB: FNMA) today announced the replacement indices for the legacy LIBOR loans and securities for which Fannie Mae is responsible for ...

A financial market trader jailed for manipulating benchmark interest rates before his conviction was quashed has revealed why he bonded with Amanda Knox. Ex-Citigroup and UBS trader Tom Hayes was ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. He was the “Machiavelli of Libor” whose scheme to manipulate the benchmark interest rate landed him one of the ...

Two former City traders, who were jailed for rigging interest rates, have had their convictions overturned at the Supreme Court, as Kaf Okpattah reports Two former City traders, who were jailed for ...

Four former bankers who rigged the Libor rate in a fraud involving "eye-watering" sums of money will be sentenced today. Three former Barclays' employees were last week found guilty of conspiracy to ...