A timeline detailing the major developments in the Libor scandal
Huge losses will affect risk modelling and capital calculation
Complex investigations and delays in trials over index rigging
In this white paper, Gordon Russell, Global Head of Risk at Broadridge Investment Management Solutions argues that the chances of survival in this new environment will be greater for funds that implement solutions to efficiently and cost-effectively manage data and risk.
More Libor articles
Moving reference rate from Fed funds to GC repo rate to pose few problems
Powell says Fed will "make sure" move happens in coordinated fashion
Central bank will coordinate switch to new risk-free benchmark
Paul Robson to face sentencing for Libor manipulation in 2017
Rigging liquidity scheme payments adds insult to injury
Banking group took state aid, then lied over terms of its repayment
Large US fixed-income funds moot rate-rigging legal action
Big banks 'too big to bar', says commissioner Kara Stein
Dodd-Frank Act to boost CFTC war on market abuse, says Meister
Brokers perform a key role in many financial markets. They introduce buyers to sellers, perform a useful role in price-discovery and provide a source of market information and commentary to market participants...
Total bill from penalties and lawsuits could reach “tens of billions,” some estimate
Three more bankers charged by SFO with conspiracy to defraud
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.