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

Deutsche rejects claim Jain lobbied for traders’ €130m bonus

BaFin report takes comments out of context, says bank

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

Prosecutors launch Deutsche Libor probe

Move follows regulator report on bank’s failings

Deutsche Bank under fresh fire over Libor

Senior management acted ‘negligently’, BaFin report alleges

Bank watchdogs target high-profile cases

UK, US and Hong Kong authorities increase fines in 2014

Carney to extend market abuse rules

Clampdown signals end to ‘age of irresponsibility’

Market rigging review to seek new laws

Rules will aim to close loopholes that allowed Libor scandal to happen

RBS ordered to hand over Libor documents

Judge in rate-hedging case asks to see FCA settlement papers

UBS chiefs ‘aware’ of Libor rigging

Kengeter at meeting where manipulation discussed, trial hears

Hayes called Libor moves ‘a grey area’

Former UBS and Citi trader says he had no compliance training

Goldman tried to lure Hayes, court told

Trader accused of rigging rates turned down £3m guarantee

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


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