Concerns remain over global supply tightness, while markets are pricing in an 88% chance of a Federal Reserve rate cut.
However, despite the poor past performance of the bank, most of the analysts are expecting a bright future in the USB's ...
Officials in L.A. initially ruled the death of 18-year-old Amelia Salehpour an accidental overdose. But her family has spent ...
Recent cases show that DOJ prosecutions of financial market misconduct, like FX and LIBOR manipulation, often face legal setbacks due to flawed evidence or instructions. These rulings question whether ...
In “The Trading Game,” Gary Stevenson spills secrets of the City. By Mark Gimein It has been an arduous process to get the financial system to stop relying on the tarnished interest-rate benchmark. By ...
The US Justice Department is conducting a criminal antitrust investigation into whether some investors in collateralized loan obligations colluded to bolster their positions as markets transitioned ...
LIBOR set interest rates for trillions of dollars in loans for over 30 years. Banks manipulated the rate because it relied on estimates rather than real transactions. A new system called SOFR replaced ...
Ex-UBS Group AG star trader, Tom Hayes, agreed to manipulate and rig Libor to dishonestly boost profits, prosecution lawyers said asking the UK’s top court to reject attempts to overturn his ...
LONDON, March 25 (Reuters) - Tom Hayes, the first trader ever jailed for interest rate rigging, launched a bid to clear his name at Britain's top court on Tuesday, arguing it was not automatically ...