And I'm Audie Cornish. On Wall Street, many things are bought and sold, including, occasionally, interest rates. That happened today. The owner of the New York Stock Exchange bought LIBOR, a hugely ...
The more the world learns about international banking, the more it looks like a "cheating culture." We hear about the growing LIBOR scandal and what it could mean for $350 trillion in contracts from ...
In a lawsuit made public on Monday, Tom Hayes accused UBS, his former employer, of malicious prosecution, alleging that the bank misled federal authorities and “retroactively blam[ed]” Hayes for ...
The former banker spent five years in prison for his involvement in the manipulation of the benchmark rate. UnitedHealth Group Reports Earnings on Tuesday. What to Expect. UnitedHealth stock is down ...
The City trader wrongfully jailed for rigging a key interest rate during the financial crisis has slammed a 'Kafkaesque' justice system that is putting at risk his first holiday abroad since his ...
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