Libor Fixing Scandal: Rate Setting Supervision Could be Moved to Paris from...
London may lose its power to regulate key benchmark rates, following the Libor fixing scandal, as the European Union plans to formalise the control of the pricing structures. WT news feed
View ArticleEU wants to move Libor supervision to ESMA from UK.
The European Union is considering moving the management of the Libor interbank lending rate to the European Securities and Markets Authority (ESMA) in Paris from the UK. WT news feed
View ArticleFX Rates Said to Face Global Regulation in Libor Review.
Global regulators may start overseeing currency rates in a widening response to benchmark-rate setting scandals that began with revelations on the manipulation of Libor, two people familiar with the...
View ArticleRegulator sues 13 banks in Libor rate-fixing case for selling nearly $2.4...
The US credit union regulator has filed an anti-trust lawsuit against 13 major international banks as part of the global crackdown in the Libor rate-rigging scandal. BlackListedNews.com
View ArticleLibor Fixing Scandal: Credit Unions Take Aim at JPMorgan, UBS and Credit Suisse
Over a dozen banks and brokerage firms have been investigated worldwide over alleged manipulation of Libor valuations, which directly influence the value of trillions of dollars of financial deals...
View ArticleU.S. 5 Year Silver Market Investigation Ends – No LIBOR Style Manipulation
Today’s AM fix was USD 1,332.50, EUR 987.92 and GBP 830.22 per ounce.Yesterday’s AM fix was USD 1,320.25, EUR 977.67 and GBP 825.36 per ounce Gold rose $ 10.60 or 0.8% yesterday, closing at $...
View ArticleUK Orders WSJ To Withold Names Of Implicated LIBOR Manipulators After Story...
In what is a staggering example of not only state meddling in the affairs of the “free press”, but worse, sheer state idiocy, yesterday the WSJ posted an article on its website revealing that as many...
View ArticleBarclays Executives Knew of Libor Lowballing, Guardian Claims
Current and former executives at Barclays Plc (BARC) knew that the bank submitted lower-than-accurate Libor rates as early as 2007, according to transcripts of conversations between executives cited...
View ArticleBarclays fined $3.75m as 10 years of incriminating LIBOR chat messages...
On Thursday 27 December it was reported by Reuters that Barclays “accidentally lost” 10 years of instant chat message data, over the period LIBOR was known to be rigged, killing off any serious hopes...
View ArticlePrecious Metals Manipulation Worse Than Libor Scandal, German Regulator Says
Remember when banks were exposed manipulating virtually everything except precious metals, because obviously nobody ever manipulates the price of gold and silver? BlackListedNews.com
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