Libor scandal

Regulators from around the world are probing alleged manipulation by big US and European banks of the London interbank offered rate and other key benchmark lending rates

From COMPANIES Jan 25, 2013

Ex-Barclays chiefs named in Libor case

Bob Diamond, chief executive of Barclays ©Bloomberg

Former bank executives among 25 detailed in regulatory case

From COMPANIES Jan 24, 2013

Barclays top brass face fresh Libor heat

Email suggests executives knew about lowball submissions

Editorial

The rising cost of the Libor scandal
Evidence of price-fixing should be worrisome for banks
Banks must learn from past scandals
A new culture is required at the top of financial institutions
Wheatley’s Libor detoxification
The head of the Financial Conduct Authority has set out a sound strategy
From COMPANIES Jan 24, 2013

Barclays executives named in Libor case

Diamond and Ricci are among those released to the High Court

From MARKETS Jan 23, 2013

FSA probes ICAP over Libor fixing

UK watchdog investigation into possible rule breaches

From COMPANIES Jan 22, 2013

Barclays staff lose plea for anonymity

Judge rejects request ahead of Libor-related damages lawsuit

From COMPANIES Jan 17, 2013

Barclays eyes bonus pool to pay Libor fine

Move comes as new chief warns employees over ethics

Chief Executive Officer of UBS, Andrea Orcel arrives at Portcullis House in London ©Reuters From COMPANIES Jan 9, 2013

UBS’s Orcel admits banks must change

‘We became too arrogant,’ says investment bank head

UBS AG logo at the London offices ©Bloomberg From COMPANIES Jan 10, 2013

Former UBS bosses deny Libor knowledge

Quartet say they did not know rate-setting system under scrutiny

From COMPANIES Jan 11, 2013

RBS eyes bonus pot to recoup Libor losses

Lender might dip into funds to help pay possible fine

Comment and analysis

The global rate-rigging probe

UBS ©EPA

Some banks are trying to cut deals with regulators and end questions about their role in the Libor scandal

FT explainer

Libor investigation

Q&A: Brooke Masters on what Libor means and what went wrong with the key benchmark rate

Podcast

Banking Weekly: How the Libor scandal led to three key resignations at Barclays – and what happens next

From COMPANIES Jan 9, 2013

Backgrounder: The Libor scandal

A global investigation has discovered widespread manipulation of benchmark interbank lending rates by traders and brokers

From WORLD Jan 2, 2013

FSA metes out record £312m in fines

Big name companies held to account for compliance failings

Dec 20, 2012

UK-US Libor extradition fight in prospect

Criminal charges could spark political battle

From COMPANIES Dec 20, 2012

Hayes linked to brokers at four banks

Indictment identifies RBS, JPMorgan, Deutsche Bank and Citibank

From COMPANIES Jan 10, 2013

UBS chief seeks a new moral path

Andrea Orcel eyes ‘integrity over profit’

From COMPANIES Dec 20, 2012

Record UBS fine unlikely to be the end

Bank also a respondent in several other class actions

From COMPANIES Dec 20, 2012

Star trader was richly rewarded

Tom Hayes generated hundreds of millions of dollars

From COMPANIES Dec 20, 2012

Finma’s Branson faces calls to quit

Head of bank supervision had key role at UBS from 2006-09

From COMPANIES Dec 19, 2012

UBS pays price for ‘epic’ Libor scandal

Group fined $1.5bn as two ex-traders face criminal charge

John Gapper from COMMENT Dec 19, 2012

UBS never took enough interest in its risks

The bank needs finally to get a grip on the business

From COMPANIES Dec 19, 2012

Daily fix that spiralled out of control

Tiny swings in Libor could mean a bonanza or a devastating loss

From COMPANIES Dec 20, 2012

Hong Kong probes UBS over Hibor

Investigation into interbank lending rates broadens

From COMPANIES Dec 19, 2012

UBS dogged by series of disasters

Ambition to be world’s top global investment bank is gone

Lombard from COMPANIES Dec 19, 2012

Big banks must find their moral mojos

Conduct in UBS Libor scandal shows a need to rediscover ethics

From COMPANIES Dec 19, 2012

‘Lowball’ tenders aimed to paint rosy picture

UBS sought to boost perceptions of its financial health

From COMPANIES Dec 19, 2012

UBS case hints at direction of other probes

The UK’s Serious Fraud Office is probing the payments

From COMPANIES Dec 19, 2012

No more Tibor sanctions for UBS Japan arm

FSA cites bank’s improved practices after rate-fix attempts

From COMPANIES Dec 19, 2012

Cameron resists calls to split UK banks

Prime Minister says he prefers ringfencing model

From COMPANIES Dec 20, 2012

Fannie and Freddie face $3bn in Libor losses

Mortgage groups could have lost out on interest payments

From MARKETS Dec 19, 2012

Scandal puts interdealer brokers in focus

Regulators allege employees colluded in UBS rate-fix bids

From GLOBAL ECONOMY Dec 18, 2012

Geithner was told of Libor fears in 2008

Alerts raised much earlier than thought

In depths

London’s future

London fights for its future as a financial centre

More stories

Banks

Financial sevices

ABOUT LIBOR

Libor explained What is the London interbank offered rate and how did things go wrong?

The FT explains Libor and its role in the banking system with exclusive stories, commentary and analysis

VIDEO

EDITOR’S CHOICE

FT investigation

Analysis BIG PAGE Libor pfeatures How the setting of key financial reference points has put some banks in the spotlight

Interactive graphic

The Libor Documents Browse a database of court documents and regulators’ statements on the Libor investigation