from overnight to one year. A more direct challenge to its authenticity came from attempts to manipulate LIBOR (and other benchmark rates) by a number of big global banks, for which over $9 billion in ...

LIBOR, or the London Interbank Offered Rate, was a measure of the average ... The rates for different lending durations—from overnight to one year—were published daily. The interest charges ...

from overnight to one year. A more direct challenge to its authenticity came from attempts to manipulate LIBOR (and other benchmark rates) by the big British bank Barclays, for which it agreed in June ...

“We were desperate.” Libor is calculated each day after more than a dozen “panel banks” submit the rate at which they are charged to borrow money from one another. An average of the middle ...

An investigation into the rigging of Libor ... It means no one will now be prosecuted in the UK for so-called "low-balling", where banks understate interest rates they pay to borrow cash.