Tag: LIBOR
Suit Seeking To Terminate Libor To Stay In San Francisco
A judge refused to move a lawsuit seeking to terminate Libor from San Francisco federal court to New York, rejecting an argument by big...
C‑39/18P, Commission v. Icap Management Services: The Rights of Defense in...
August 2019
CPI EU News Column edited by Thibault Schrepel, Sam Sadden & Jan Roth (CPI) presents:
C‑39/18P, Commission v. Icap Management Services: The Rights of Defense...
US: British traders acquitted in LIBOR trial
A New York court has found three former London-based currency traders not guilty of manipulating benchmark foreign exchange rates.
Chris Ashton, Rohan Ramchandani and, Richard...
US: Ex-Deutsche Bank traders guilty in LIBOR-rigging trial
According to Bloomberg, two former traders at Deutsche Bank AG were convicted by a New York jury of conspiring to rig LIBOR—a key interest-rate...
US: Ex-Deutsche traders want Libor case to focus on Bank not...
According to Bloomberg, former Deutsche Bank traders Matthew Connolly and Gavin Black want to shift the focus to Deutsche Bank at their trial on...
US: DOJ SocGen brass Ordered Libor rigging
According to the Financial Times top executives at Société Générale ordered the bank’s manipulation of the US-dollar Libor interest rate sin 2015.
Michel Péretié, the...
UK: Watchdog fines ex-Deutsche Bank trader over Libor
Britain’s Financial Conduct Authority has fined ex-Deutsche Bank trader Guillaume Adolph £180,000 (US$249,000) for “improperly influencing” quotes used for the Libor interest rate benchmark...
EU: General Court quashes ICAP fine in first Libor judgment
TP ICAP, the world’s largest interdealer broker, has been partially cleared by the Luxembourg-based General Court over allegations that it plotted with a cartel...
US: Citigroup follows Barclays in settling US Libor rigging lawsuit
Citibank agreed to a US$130 million settlement with a plaintiffs group of plaintiffs in the ongoing dollar Libor litigation Monday, according to plaintiffs’ counsel.
The...
UK: FCA chief sets deadline for LIBOR replacement
The chief executive of the UK's Financial Conduct Authority, Andrew Bailey, spoke on Thursday at an event in London saying that the currency exchange...
