Libor Rise Tightens Conditions for Borrowers
Is the rise in the benchmark “technical in nature, in which case short-term rates will eventually normalize, or a harbinger of another banking catastrophe"?
How to Boost the Value of Deferred-Comp Plans
A "total return swap" isn't a common way to hedge the volatility of non-qualified deferred compensation (NQDC) plans, but it's the most effective method.
The End of the Dollar’s Super-Cycle
We live in an age of asset bubbles, but they don't continue indefinitely, as will prove true for the strong U.S. dollar.
Key Libor Rate Tops 1% for First Time in 7 Years
The benchmark rate for $350 trillion worth of financial products worldwide has risen nearly 0.40 percentage point over the past year.
Citibank Fined $425M in Rate-Rigging Cases
U.S. regulators allege Citi manipulated key swaps and interest rate benchmark to benefits its own trading positions.
Ex-Rabobank Traders Get Jail for Libor Rigging
"You can't go around ... helping rig one of the most important markets in the world and not pay the price," a judge says.
Ex-Rabobank Traders Convicted of Libor Rigging
After a three-week trial, a Manhattan jury found the pair guilty of multiple counts of conspiracy and wire fraud.
Ex-Trader Gets 14 Years in Jail for Rigging Libor
A London judge gives Tom Hayes a stiffer-than-expected sentence 'to send a signal' to the banking industry.
Deutsche Bank to Pay $55M for Hiding Losses
Deutsche Bank settles one of the last remaining cases from the financial crisis, which involved the valuation of credit default swaps.
Regulator Blasts SEC Waivers to Five Banks
SEC commissioner says there were "compelling reasons" to reject the waiver requests of banks convicted of rate-rigging.
Five Banks to Pay $5.6B Over Rate-Rigging
Plea agreements resolve U.S. allegations that the banks manipulated foreign currency exchange and interest rates.