Libor

• Libor Must Shift to Market-Pricing System, Say U.S. Regulators

  By Silla Brush, Bloomberg  |  April 26, 2013

  FSOC says benchmark rates should be ‘anchored in observable transactions.’

• Gensler Expresses Renewed Doubt Over Libor Integrity

  By Liam Vaughan, Bloomberg  |  April 23, 2013

  Libor and similar benchmarks ‘unsustainable in the long run,' CFTC head says.

• Benchmark Rates Should Reflect Real Data, Iosco Says

  By Jim Brunsden and Lindsay Fortado, Bloomberg  |  April 16, 2013

  Global regulators want rates to be based on ‘observable transactions.’

• Banks Win Dismissal of Libor Antitrust Claims

  By David Glovin, Bloomberg  |  March 30, 2013

  B of A, Barclays and JPMorgan Chase among banks; judge allows some commodities-manipulation claims to proceed.

• Cyprus Shows Libor Still Broken

  By Liam Vaughan, Bloomberg  |  March 28, 2013

  Benchmark rate ignored the crisis in Cyprus, with just four out of 18 banks showing increase in dollar borrowing cost.

• Barclays Backs Libor Based on Transactions

  By Silla Brush, Bloomberg  |  March 12, 2013

  BlackRock and CME argue against limiting input to transaction data.

• Banks Fight Libor Antitrust Case

  By Christie Smythe, Bloomberg  |  March 6, 2013

  Setting the rate isn’t a competitive process, they argue in court.

• Libor Accords Leave Banks Facing ‘Massive’ State Claims

  By David McLaughlin, Bloomberg  |  February 7, 2013

  More than 12 states involved in investigation of what rate manipulation may have cost state and local governments.

• UBS's $1.5 Billion Settlement May Be Sign of Fines to Come

  By Silla Brush and Phil Mattingly, Bloomberg  |  December 20, 2012

  Regulators have sought information from more than a dozen banks that set rates in the U.S., Europe and Japan.

• Fannie and Freddie Likely Lost $3 Billion in Libor Manipulation (WSJ)

  December 20, 2012

  The Federal Housing Finance Agency, the companies' regulator, urges legal action.