Articles

LIBOR Scandal: The Crime of the Century?

The twenty-first has been a banner century for financial and accounting scandals. Enron, the dot-com bust, the subprime mortgage crisis and the bank bailouts...

LIBOR Scandal: Yep, It’s as Bad as We Thought

When the LIBOR interest-rate fixing scandal broke wide open over the summer, I asked whether it was "The Crime of the Century." The answer to that question...

Banking’s Really Bad Day

Four years on from the financial crisis, new banking scandals still seem to break out every few months. But this week has been particularly bad for the industry...

LIBOR Lending Rate Gets Overhaul (Sort Of)

The LIBOR money-market rates, widely used around the world as the benchmark for interest rates on mortgages, credit cards and billions of dollars worth of other...

How Barclays Rigged the Machine

Ever wonder why surveys about very personal topics (think sex and money) are done anonymously? Of course you don't, because it's obvious that people wouldn't...

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Bigger than Libor?

Forex probe hangs over banks Yet another dark cloud is looming over global banks as officials examine their behavior in the massive foreign exchange market, threatening to deal a...