Interest Rates Libor


  • ‘Capital disadvantage’ for giant banks: Bob Diamond Wednesday, 3 Jun 2015 | 12:50 PM ET
    Bob Diamond, former CEO of Barclays.

    Ex-Barclays chief Bob Diamond told CNBC that tougher regulation means large banks were finding it harder to access to capital.

  • Singapore property faces test as rates rise Thursday, 8 Jan 2015 | 9:07 PM ET

    Singapore's efforts to rein in household debt and its sky-high home prices appear set for their first test as local rates begin to rise.

  • Ex-Rabobank worker pleads guilty in Libor rigging Monday, 18 Aug 2014 | 5:38 PM ET
    The Rabobank Group logo sits on display on the bank's headquarters in Utrecht, Netherlands.

    A former Rabobank employee pled guilty to participating in a plot to manipulate the Yen Libor rate, the second employee of the Dutch lender to do so.

  • US FDIC sues 16 banks for rigging Libor Friday, 14 Mar 2014 | 2:22 PM ET

    The FDIC sued 16 of the world's largest banks on Friday, accusing them of collusively suppressing interest rates, Reuters reported.

  • EU announces rate-rigging fines for banks Wednesday, 4 Dec 2013 | 5:33 AM ET
    EU announces rate-rigging fines for banks

    Joaquin Almunia, competition commissioner at the European Commission, announces rate-rigging fines relating to Libor and Tibor manipulation as well as who received immunity from fines.

  • Trading scandals: The final nail in chat rooms' coffins?

    CNBC's Catherine Boyle discusses the news that some of the world's biggest banks are considering banning traders from chat rooms following their use in the Libor rigging scandal.

  • UK whistleblowers could get US-style payouts Thursday, 10 Oct 2013 | 5:51 AM ET

    Workers who become witnesses for the U.K. state in cases of corporate crime could be in line for payouts, under new proposals being considered.

  • ICAP slapped with $87 million Libor rigging fine Wednesday, 25 Sep 2013 | 10:55 AM ET

    ICAP, the world's largest interdealer broker, has been fined $87 million by regulators over its role in the Libor rate rigging scandal.

  • Why Has Libor Been Sold? Tuesday, 9 Jul 2013 | 11:15 AM ET
    Why Has Libor Been Sold?

    David Enrich, European banking editor at the Wall Street Journal, comments on the sale of Libor to NYSE Euronext, and why the U.S. stock exchange was chosen.

  • Bankers to Be Jailed for Recklessness Under New Plan Friday, 26 Apr 2013 | 1:29 AM ET

    Bankers who behave recklessly would be jailed under a new law being considered by MPs and peers on the banking commission, whose final report is due next month. The FT reports.

  • CFTC's Gensler Slams Libor, Seeks Alternative Tuesday, 23 Apr 2013 | 5:21 AM ET
     CFTC's Gensler Slams Libor, Seeks Alternative

    Gary Gensler, chairman of the Commodities Future Trading Commission, tells CNBC what he thinks is the most critical issue for global financial markets at present.

  • What Are the Alternatives to Libor? Monday, 22 Apr 2013 | 11:19 AM ET
    What Are the Alternatives to Libor?

    Gary Gensler, chairman of the U.S. Commodity Futures Trading Commission, talks about the Libor rate and the possible alternatives.

  • What Was Libor: An Investigation Wednesday, 27 Feb 2013 | 1:01 PM ET
    Pedestrians pass 30 South Colonnade, centre, where the London interbank offered rate, or Libor, was set daily.

    Was Libor the risk-free rate of interest or the cost of borrowing? Apparently the derivatives market believed one thing and lenders believed another.

  • After Libor Scandal, Will Rate Rigging End? Wednesday, 6 Feb 2013 | 8:00 PM ET
    After the Libor scandal, Will Rate Rigging  End?

    Jim Antos, Bank Analyst at Mizuho Securities Asia discussed the Libor scandal and says that management should also take blame for the rate fixing scandal.

  • Sheila Bair on Libor Scheme & DOJ Post S&P Wednesday, 6 Feb 2013 | 4:26 PM ET
    Sheila Bair on Libor Scheme & DOJ Post S&P

    Former FDIC Chair Sheila Bair of Pew Charitable Trusts discusses whether she was surprised by the DOJ's civil lawsuit against Standard and Poor's, and offers her opinion on the LIBOR scandal.

  • Rate-Fixing Settlements Are Just Tip of the Iceberg Wednesday, 6 Feb 2013 | 1:37 PM ET
    Royal Bank of Scotland

    In total RBS, Barclays and UBS will pay nearly $3 billion in fines stemming from the multi-year practice of artificially suppressing these benchmark interest rates, a practice that spanned the financial crisis and beyond.

  • american_flag_oil_barrel_200.jpg

    The growing oil supply glut in the Midwest and the inability to transport and offload these supplies via pipeline to refineries along the Gulf Coast has created the widest price differential of the year between the world's largest oil futures contracts.

  • CFTC Commissioner Bart Chilton

    Banks that rigged interest rates behaved in "brazen, flagrant" fashion, the head of the Commodities and Futures Trading Commission told CNBC on Wednesday.

  • UBS Swings to Net Loss After Libor Fine, Revamp Tuesday, 5 Feb 2013 | 3:13 AM ET

    UBS saw weak client inflows at its flagship private bank in the fourth quarter as it reported a hefty net loss due to a $1.5 billion fine for rigging benchmark interest rates and restructuring costs.

  • RBS Told to Pay Libor Fines From Bonus Pool Sunday, 3 Feb 2013 | 5:50 AM ET
    Royal Bank of Scotland

    Royal Bank of Scotland faces the prospect of scrapping all bonuses for its investment bankers this year to free up cash to pay fines for its involvement in a global interest rate rigging scandal.


  • Shareholders arrive at Deutsche Bank's annual shareholder meeting on May 21, 2015 in Frankfurt am Main, Germany.

    CNBC's Jim Cramer discusses Deutsche Bank's note to employees on how to assuage clients' fears about market volatility.

  • Fear hit the banks

    The FMHR traders discuss whether an opportunity exists in financials as growing concerns rise over the health of the global banking system.

  • Government bond markets sell off, bond rout continues German bund

    Fears of another liquidity shock in the European banking system are gripping markets, with the price of insurance for European bank debt ballooning.