Bank of England

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  LIBOR Will Be Gone in 5 Years: Poll

  By Marlene Y. Satter, AdvisorOne  |  September 7, 2012

  A majority of investors surveyed around the world believe that LIBOR will be gone within five years, and a more tightly regulated benchmark will take its place.

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  Parliament Report Slams Barclays, Banking Culture Over LIBOR

  By Marlene Y. Satter, AdvisorOne  |  August 20, 2012

  A report issued by Britain’s Parliamentary Treasury Select Committee had harsh words for just about everyone involved in the LIBOR-rigging scandal.

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  Banks Looking for ‘Scientific’ LIBOR Method

  By Marlene Y. Satter, AdvisorOne  |  August 10, 2012

  They are trying to limit their liability even as London-based Barclays, hit with a record fine over its role in LIBOR manipulation, named a new chairman to replace the one felled by the scandal.

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  New York on Solid Ground to Sanction Standard Chartered, Experts Say

  By Marlene Y. Satter, AdvisorOne  |  August 10, 2012

  Experts in the U.S. and abroad say that the bank's internal e-mails give the New York regulator a basis for its unilateral action.

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  Draghi Tested on Euro Crisis

  By Marlene Y. Satter, AdvisorOne  |  August 2, 2012

  Should ECB President Mario Draghi fail to come up with an effective tactic to quell market fears over the eurozone crisis, it could make the situation worse than ever.

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  Sandy Weill Wants Banks Small Again, Chris Dodd Wants Them Big

  By Gil Weinreich, AdvisorOne  |  July 26, 2012

  If politics makes strange bedfellows, it also makes for strange adversaries.

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  Draghi Says ECB Will Do ‘Whatever It Takes’

  By Marlene Y. Satter, AdvisorOne  |  July 26, 2012

  ECB President Mario Draghi declared that the central bank will do “whatever it takes” to keep the euro intact, as eurozone central banks looked for new ways to spur bank lending and undo the bloc’s financial logjam.

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  U.K. Recession Deepens

  By Marlene Y. Satter, AdvisorOne  |  July 25, 2012

  As the world counts down to the opening of the Olympic Games in London on Friday, Londoners—and others in Britain—are dealing with an economy that in Q2 of this year slowed considerably more than expected.

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  Congress Prods N.Y. Fed for More LIBOR Info

  By Melanie Waddell, AdvisorOne  |  July 23, 2012

  The House Financial Services Oversight and Investigations Subcommittee told the New York Fed on Monday that it wants more information about the the handling of banks’ alleged “manipulation and suppression” of LIBOR.

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  Banks May Seek Group LIBOR Settlement

  By Marlene Y. Satter, AdvisorOne  |  July 20, 2012

  Barclays has been a cautionary lesson for other banks involved in the LIBOR-rigging scandal.