Beginning in 2012, an international investigation into the London Interbank Offered Rate, or Libor, revealed a widespread plot by multiple banks—notably Deutsche Bank, Barclays, UBS, Rabobank, and the ...

From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel. AUDIE CORNISH, HOST: And I'm Audie Cornish. On Wall Street, many things are bought and sold, including, occasionally, interest rates.

In an update earlier last year, we highlighted the ongoing legal developments in connection with key cases surrounding the London InterBank Offered Rate (LIBOR) manipulation scandal with respect to a ...

In August 2015, former UBS banker Tom Hayes sat in a London courtroom after being found guilty of eight counts of conspiracy to defraud, for his involvement in the Libor interest-rate rigging scandal.

NEW YORK (Reuters) -Tom Hayes, the former trader who was a face of the global Libor-rigging scandal before his conviction was overturned in July, sued his former employer UBS for more than $400 ...

Tom Hayes, the former UBS trader whose conviction made him the first banker jailed over the Libor interest rate rigging scandal, has filed a $400 million lawsuit against his former employer. The legal ...

Barclay's recently admitted to rigging the London InterBank Offered Rate (LIBOR) and agreed to pay U.S. and British regulators $450 million dollars in penalties to settle the case. Then the heads ...

The latest global financial scandal may be the biggest of all, involving a benchmark used to set interest rates for contracts worldwide. It's the London Interbank Offered Rate, or LIBOR. As the world ...

Discover the key differences between the federal funds rate and LIBOR, two crucial interest rates that impact U.S. and global ...

Tom Hayes is the first individual to be convicted in the Libor fixing scandal and has been sentenced to 14 years in prison. During the course of the 9-week trial, the 35-year-old trader was portrayed ...