Libor
Max Bowie: When Competition Fails, Data Quality and Cost Suffer
In any healthy marketplace, the price of any service is always under pressure—if not from bodies that regulate fees, then from market forces and the price consumers are willing to pay. But with the Libor rate-fixing scandal raising questions over data…
Fear and Loathing in London
There have been notable industry tech failures recently, but what about the regulators?
Just When You Thought it Couldn't Get Worse
The banking sector implodes with spectacular efficiency this week.
FSA, CFTC Fine Barclays Almost $300M for LIBOR, EURIBOR Manipulation
Authorities impose fines for bank's attempts to abuse benchmark price-setting process