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Libor Fixing Scandal: HSBC Faces Six Rate Probes as CEO Admits Bank's Failures [VIDEO]
HSBC reveal extent of alleged Libor manipulation probes in its first half earnings report as CEO admits Europe's biggest bank has "lost its way".
UK Government Sets Terms for Libor Review as Banks Prepare for Stiff Fines
FSA's Martin Wheatley's Libor market review could lead to new laws that would criminalise interest rate market manipulation.
Barclays Shares Rise After Profits Top Forecasts Amid Libor Scandal
Bank reveals Finance Director Chris Lucas faces FSA probe as US litigation mounts
Lloyds Shares Dip after First Half Loss as PPI Costs Rise
Government-controlled Lloyds says some dealers face legal action related to Libor scandal.
Libor Fixing Scandal: Deutsche Bank Internal Probe to Threaten Capital Boost and Risk Cuts?
Deutsche Bank revealed that it is strengthening its capital base and cutting risk, but is it enough to save its ailing share price and falling profits, in the wake of Libor investigations?
TNK-BP Stake Sale Could Save BP and Open Doors for Foreign Investment
If BP sells its stake in Anglo-Russian joint venture TNK-BP, it will not only be a key turning point in the company's future but it could possibly spur foreign investment into the Russian oil sector, say analysts.
Libor Fixing Scandal: Hunt for New Barclays’ CEO and Chairman Continues
As Barclays’ deputy chairman Sir Michael Rake turns down the role of taking over from Chairman Marcus Agius, the race to fill the senior positions including ex-CEO Bob Diamond’s role at the embattled bank continues.
Libor Fixing Scandal: Arrests Imminent As Police Close-In
US and European prosecutors are close to individual traders at banks for colluding to manipulate key global lending rates, says a Reuters report.
Libor Fixing Scandal: Global Banks and Brokers Will Not Join Forces to Reach Settlement
Market sources tell IBTimes UK that banks and brokers under investigation for Libor fixing are unlikely to join forces in reaching a settlement.
Libor Scandal: Banks Weigh Option of Group Settlement
The existence of different regulators for Libor is a major obstacle for banks to opt for group settlement.
Libor Fixing Scandal: Bank of England Hires Lawyers Freshfields Bruckhaus Deringer
Bank of England instruct law firm Freshfields Bruckhaus Deringer to advise on issues related to rate-fixing scandal.
Libor Fixing Scandal: Global Regulators Spur Rate Reviews from Tokyo to Toronto [VIDEO]
Following Barclays' record fine for Libor manipulation, the IBTimes UK examines efforts by key global regulators to tackle potential fraud in the $550tn benchmark.
World's Leading Bankers to Consider Scrapping Libor
The merits of Libor, and its alternatives, are expected to be discussed by the Economic Consultative Committee on 9 September.
Libor Scandal: Central Banks Planning to Scrap Benchmark as Global Probe Widens
Bank of England Governor Mervyn King to lead discussions with world's central bankers on shut-down of controversial $550tn benchmark
Rate Fixing Scandal: Japan Cracks Down on TIBOR Manipulation
Japan has quietly led a mission to crackdown on banks that have manipulated or falsified key global interbank lending rates that echoes the Barclays Libor rigging scandal that resulted in a record fine
Kate Middleton's Cousin to Strip for Playboy
Katrina Darling, who is famous for her revealing and seductive dresses, will feature in an eight-page pictorial in the September issue.
Kim Jong-un Takes Title of Marshal, North Korean Army's Highest Rank [VIDEO]
Hermit state's recently installed dictator gains full control of army after military reshuffle and removal of vice-marshal Ri Yong-ho.
Libor System Structurally Flawed, Says Ben Bernanke
Bank of England and British Bankers Association failed to act on recommendations of US regulators on Libor manipulation in 2008
Libor or Money-Laundering? Focus on Arcane Rate Rigging Reveals Deeper Media Prejudice
When detailed allegations of drug money laundering and terrorist banking are trumped by bank interest rate markets, something seems amiss.
Libor Fixing Scandal: BoE’s King Uses TSC Questions to His Advantage
Bank of England governor Mervyn King dodges crucial questions from the Treasury Select Committee on his role in libor affair.
HSBC Handled Dirty Money from Drug Cartels and Potential Terrorists - Report
Senior HSBC executives will appear before the US Senate on Tuesday, in response to a report claiming that lax monitoring exposed to the bank to money laundering
Bank of England Hearing: System can be Manipulated by Collusion, says King
BoE's most senior officials testify before Treasury select committee about level of management in Barclays' Libor fixing scandal.
Libor Scandal: Barclays' Del Missier Claims Libor Fixing 'Was Not Significant'
Ex-Barclays COO Jerry Del Missier tells the Treasury Select Committee that instructions he took to lower Libor rates was not significant during the time of October 2008 and emphasises the Bank of England’s role in the scandal.
Libor Fixing Scandal: Barclays' Del Missier and FSA Officials Testimonies Most Revealing Yet?
Treasury Select Committee testimony by bank's chief operating officer and senior FSA officials could shed light on scam.
Two US States Launched Libor Fixing Probe Over Six Months Ago
US states New York and Connecticut launched a probe into the possible manipulation of the London interbank offered rate (Libor) by several global banks, over six months ago
Libor Fixing Scandal: US Regulators Build Criminal Cases Against Bankers
US Justice Department identifies potential criminal wrongdoings by big banks and individuals in the interbank rate fixing in what is seen as one of the biggest financial cases.
Mervyn King Explicitly Warned in 2008 About Libor Rigging by US Officials
Washington Post reveals memo to BoE Governor that casts doubt on his Deputy's testimony to UK lawmakers.
Snubbed MP John Mann Calls Bank Probe a 'Total Joke'
Tough-talking John Mann, the Labour MP who sits on Andrew Tyrie's Treasury committee and labelled Bob Diamond 'incompetent', hits out after being left off banking inquiry panel.
Rich Ricci Tipped to Replace Bob Diamond at Barclays as Paddy Power Suspends Betting
After Bob Diamond resigned as Barclays chief executive in wake of Libor scandal, former colleague Rich Ricci emerges as favourite successor.
O2 Service Has Been Restored - 7.6M Customer Affected
O2 says that its mobile network has been fully restored after a blackout saw millions of customers without service for 24 hours.