The ‘father of Libor’ with a sharp eye for opportunity

Former investment bank traders deny charges over manipulation of benchmark rate

Switch deadline less than 3 years away but many institutions not ready

New York jury convicts pair in victory for US justice department

The documentation for billions of bonds will need rewriting as benchmark ends

Large institutions have already issued bonds linked to new benchmarks such as Sofr and Sonia

Sonia, the successor to Libor, is drawing broad interest after a speech by FCA boss

Latest step in replacing scandal-hit Libor benchmark also achieves tightest pricing

Authorities appear to have run out of patience with uncoordinated approaches

For CME, Sofr has had a cumulative notional volume of $711bn whereas bitcoin’s is $25bn

Deutsche Bank treasurer says shaking free of the benchmark will be a bigger challenge than Brexit

Bittar and Moryoussef receive combined 13 years in prison

Former Barclays and Deutsche Bank staff sentenced in Serious Fraud Office case

One defendant was acquitted but the jury failed to reach verdicts for three others

FCA and CFTC urge financials to speed up adoption of new ‘risk-free’ reference rates

Chief executives are able to hide behind the figleaf of collective decision-making

UK bank paid £218m in 2014 to settle allegations of rigging interest rate benchmarks

Two senior bank executives were named in 2015 letter to French authorities