LIBOR (London Interbank Offered Rate) is a set of interest rate benchmarks based on the rates at which banks are willing to borrow wholesale-unsecured funds. It is used in numerous financial ...

The recent ICAP fine for Libor-rigging has again pushed the interbank rate into the spotlight, but according to Rate Validation Services CEO Kevin Milne benchmark reform efforts are progressing well.

Statement No. 330: LIBOR Reform Download PDF The recent settlement by the U.K’s Barclays bank over its manipulation of its LIBOR (London Inter-Bank Offered Rate) submissions to the British Bankers ...

The Financial Conduct Authority (FCA) is just one regulator that has directed firms to move away from the use of benchmarks such as the London interbank offered rate (Libor) in favour of alternative ...

It is starting to feel as if we are nearing the end of a long climb, in fact the end of a long period of uncertainty, for financial institutions and businesses alike, on how to deal with LIBOR ...

Following the suspension of the HECM Standard fixed rate product, the industry is expecting to see more adjustable rate reverse mortgages, but the way interest rates are calculated is on the ...

LONDON, July 30 (Reuters) - Britain is seeking urgent reform of the key interest rate rigged by a number of banks, including Barclays, in a transatlantic scandal that is threatening to seriously ...

Today’s HousingWire Daily interview features a crossover episode from HousingWire’s Housing News podcast. In this episode, Michael Bright, CEO of Structured Finance Association, discusses findings in ...

LONDON (Reuters) - Libor, the interest rate at the center of an international rate-rigging investigation, must not be scrapped hastily and any shift to alternatives should be gradual to avoid market ...

The acceleration of the LIBOR transition ahead of its partial phase-out at the end of 2021 sparked huge demand for tools to help firms transition smoothly. Ever since the announcement in 2017 that ...