Libor Scandal: Central Banks Planning to Scrap Benchmark as Global Probe Widens
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Libor Scandal: Central Banks Planning to Scrap Benchmark as Global Probe Widens

Basel : Switzerland | Jul 19, 2012 at 1:17 AM PDT
Source: International Business Times
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Global central bankers will met in Switzerland next month to discuss the possibility of scrapping Libor, the controversial inter-bank lending rate that has been the epicentre of one of the year's biggest financial scandal. Bank of England Governor Meryvn King, one of the highest-ranking officials... FULL ARTICLE AT International Business Times
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Britain's financial regulator is investigating seven financial institutions in the Libor manipulation scandal
Britain's financial regulator is investigating seven financial institutions in the Libor manipulation scandal
 
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