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Traders in Libor rigging case jailed over a fairytale, judges told
27 Mar 2025 23:43 GMT
… commercial advantage when influencing interest rates resulted in … conviction for manipulating Libor, a global interest rate benchmark, the UK … to juries.
The interest rate rigging scandal emerged in … considerations meant that any Libor submission coloured by …
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City trader jailed for Libor rigging says he was convicted in a ‘morality trial’
27 Mar 2025 19:38 GMT
The City trader jailed for Libor rigging in 2015 has said … in prison for rigging Libor, a benchmark interest rate once used in the … he had sought to move Libor and that he had … considering the bank’s commercial interest before making their submissions, Hayes …
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Trial of Tom Hayes for rate rigging ‘was Orwellian’, appeal told
26 Mar 2025 01:22 GMT
… overturn his conviction for manipulating Libor to England’s highest … recognisable English jury trial”.
Libor, or the London Interbank Offered Rate, which has now … been phased out, was a benchmark interest rate …
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Tom Hayes asks UK Supreme Court to overturn Libor-rigging conviction
25 Mar 2025 17:52 GMT
… the “Machiavelli” of Libor, a benchmark interest rate whose manipulation sent … in fines and settlements.
Libor, determined by daily submissions … matter of law, a Libor rate submitted by a bank … advantage”.
Second, whether a Libor rate submission needed to be …
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Ex-UBS Trader Hayes Asks UK’s Top Court to Overturn Libor Rigging Conviction
25 Mar 2025 09:34 GMT
… when making their submissions for Libor or Euribor. The juries … taking the bank’s commercial interest into account was prohibited, their … banks and brokerages. The Libor scandal broke out when the … trial in the UK for Libor manipulation, Hayes found himself …
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Former UBS and Citigroup trader Tom Hayes launches final bid to clear his name over interest rate rigging
22 Mar 2025 22:08 GMT
… trader was convicted of rigging interest rates in 2015.
A … for conspiring to rig the London Interbank Offered Rate (Libor), between 2006 and 2010.
… licence in January 2021.
Libor was scrapped after a … to rig the borrowing rate, submitting artificially low or …
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Private Company Valuation in Mexico
28 Mar 2025 14:07 GMT
… #47;S), EBITDA (earnings before interest, taxes, depreciation and amortization), equity … applied to the now-defunct LIBOR (London Interbank Offered Rate). Mexico’s central bank, … equilibrio (TIIE), or interbank equilibrium interest rate, for terms of 28, 91 …
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What Is an Applicable Federal Rate (AFR)?
20 Feb 2025 13:35 GMT
…
use the current short-term interest rate in accordance with the corresponding … introduced as an alternative to LIBOR
London Interbank Offered Rate
. Published by the Federal Reserve … , and bonds.
Federal Funds rate is the interest rate that’s charged when …
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Springtime for Alternative Currencies, March 2025 - Updated State of Play of Alternative Currency Benchmark Rates
29 Mar 2025 06:48 GMT
… changes to its interest rate benchmarks. The Euroyen … , the Interbank Equilibrium Interest Rate (“TIIE”) has gradually … fund finance. Its interest rate benchmark, Sterling Overnight … rate following the discontinuation of LIBOR. As a secured overnight rate …
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Variable Interest Rate: Definition, Pros & Cons, Vs. Fixed
08 Feb 2025 04:48 GMT
What Is a Variable Interest Rate?
A variable interest rate (sometimes called an “ … -Interest-Rate Bonds and Securities
For variable-interest-rate bonds, the benchmark rate … may be the LIBOR. Some variable-rate …