[Asia Economy Reporter Park Sun-mi] With the LIBOR rate calculation set to be discontinued in January next year, financial authorities and major banks are in the final stages of preparation. Banks are ...

The Hogg Tendering Advisory Committee, which has overseen the selection of a new administrator to calculate the LIBOR (London Interbank Offered Rate) benchmark lending rate following the scandal of ...

It’s time to stop “postponement syndrome” over the expiration of the London interbank offered rate. There can be no more stalling. In March, Federal Reserve Vice Chair for Supervision Randal Quarles ...

Bloomberg reported that Charles Schwab Corporation ( SCHW) has a filed a lawsuit against global banks including Bank of America Corporation ( BAC) over charges of rigging the benchmark interest rate - ...