It has been decreed that LIBOR will cease to be calculated from January 3, 2022. The regulators' main issue with LIBOR is that it is not a market-determined rate. Moving to an actual traded rate, such ...

With the clock ticking on LIBOR, the market begins the adjustment to SOFR In the past few years, the London interbank offered rate (LIBOR) has faced well-publicized challenges. LIBOR was intended to ...

Rachel Witkowski is an award-winning journalist whose 20-year career spans a wide range of topics in finance, government regulation and congressional reporting. Ms. Witkowski has spent the last decade ...

LIBOR set interest rates for trillions of dollars in loans for over 30 years. Banks manipulated the rate because it relied on estimates rather than real transactions. A new system called SOFR replaced ...

About the authors: J. Christopher Giancarlo served as chairman of the U.S. Commodity Futures Trading Commission. He was previously an independent director of the American Financial Exchange, the ...

Recent cases show that DOJ prosecutions of financial market misconduct, like FX and LIBOR manipulation, often face legal ...

*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. R.J. Matson/Post-Dispatch, July 17, 2012 It long has been our theory that the Monica Lewinsky scandal resulted in the impeachment ...

Plenty of commentators, and especially Republicans, have given Geithner a hard time about his lack of other action. That’s not entirely fair because Geithner didn’t completely ignore the Libor problem ...

From here on out, your consumer or business loan rate will be set by a new standard. Replacing Libor, the obsolete benchmark for loan rates, is SOFR, the Secured Overnight Financing Rate. Its full-on ...