Rate-rigging scandal

NYSE Euronext has been awarded a contract to run the London interbank offered rate after the benchmark lending rate became discredited by a rate-fixing scandal that has seen banks fined and individual traders put on trial

Goldman tried to lure Hayes, court told

Trader accused of rigging rates turned down £3m guarantee

FT View

A logo sits on a window in the reception area of the headquarters of the Financial Conduct Authority (FCA) in the Canary Wharf business district in London, U.K., on Thursday, Nov. 21, 2013. The FCA is working with regulators including the U.S. Department of Justice and the Commodity Futures Trading Commission to investigate the potential manipulation of the foreign-exchange market. Photographer: Chris Ratcliffe/Bloomberg ©Bloomberg
Bankers need to show they know right from wrong
Brussels is right to end self-regulation of benchmarks
London’s regulator should be left to finish the job on Libor

Libor rigging said to have begun in 2006

Jury shown emails about moving interbank lending rate

Greed spurred Libor trader, court told

Hayes ‘admitted’ rate manipulation, says prosecutor

Trader set for trial over Libor allegations

UK case will be a crucial test for the SFO

DoJ hard line on UBS raises concerns

Scrapping of deal seen to discourage others from going to regulators

Ex-Deutsche trader files case against FCA

Regulator loses appeal in ‘London Whale’ case

DoJ ratchets up pressure on UBS

Department considers scrapping agreement to not prosecute bank

Tories vow to use fine to help jobless

Deutsche Bank levy will be used to fund apprenticeships

Trader talk — a tale of Libor collusion

Transcripts of emails, instant messages and phone calls

Deutsche Bank pays record fine over Libor

Germany’s biggest bank pays $2.5bn in US and UK settlement

Deutsche to take €1.5bn litigation charge

Bank faces record penalties related to interbank lending

D Bank comes close to Libor settlement

Penalty could top $1.5bn, but hit to earnings would be limited

Deutsche Bank faces $1.5bn Libor fine

Record penalty with regulators could be reached

Deutsche Bank in New York Libor probe

First time DFS has investigated manipulation of lending rate

FCA bans trader over Libor rigging

UK watchdog takes first personal public enforcement action

‘Maladministration’ found in Euribor probe

EU ombudsman rules for Crédit Agricole

RBS suffers setback in £30m lawsuit

Bank must turn over confidential reports

Bank traders face Euribor questioning

Former Barclays and Deutsche Bank employees to be interviewed

DoJ seeks Briton’s arrest in Libor probe

Legal experts describe red notice as ‘aggressive’ move

FCA issues first individual Libor fines

RP Martin executives also banned after rate-rigging inquiry

Trader in Libor trial parts with barrister

Hayes shakes up legal team ahead of May jury trial

UK watchdog to review soaring fines

FCA reconsiders sanctions regime after record penalties

Ex-ICAP brokers deny Libor charges

Defendants among six to face to charges of conspiracy to defraud

Singapore returns $8bn to banks

UBS and BofA among lenders rewarded for remedial rate-probe action

Law firm sues RP Martin over Libor bill

Broker allegedly failed to settle investigation fees


Libor explained What is the London interbank offered rate and how did things go wrong?

The FT explains Libor and its role in the banking system with exclusive stories, commentary and analysis