For half a century the series of interest rates known collectively as the London interbank offered rate, or Libor, has helped determine the cost of all sorts of borrowing around the world. But over ...

Mortgage lenders are preparing for the end of LIBOR, which is set to be phased out by the end of 2021. Financial institutions have been searching for alternatives since regulators in the United ...

Libor, the London Interbank Offered Rate, is being phased out by lenders — and that could mean a change in the interest rates paid by millions of existing home mortgage borrowers in the U.S., if the ...

Regulators recently gave lenders and market-makers definitive guidance on the end game for Libor, the tainted interest-rate benchmark, tied to trillions of dollars in loans, credit cards and ...

For decades, LIBOR has been the key index for the consumer finance industry in making adjustable rate loans. As many know, a recent scandal demonstrated the index to be susceptible to manipulation, ...

LIBOR is promoted as representing the average interest rate that large banks can borrow from one another. LIBOR is not the interest rate on any single loan. Rather it is an index intended to reflect ...

LONDON, ENGLAND - June 28, 2012. Barclays Bank Fined Over Libor. (Photo by Oli Scarff/Getty Images) Libor is on the verge of becoming Bernie from Weekend at Bernie’s—a corpse being propped up for yet ...

What we know about LIBOR replacement today: LIBOR is expected to be discontinued after 2021 as a result of regulators pushing participants to move away from what has been an industry benchmark for ...

Before I interviewed for my investment-banking job at Citigroup, I called an acquaintance in the finance industry for advice. I had gained the interview by way of nepotism and was given little time to ...

Or at least that's the latest allegation coming out of the Libor case. That the Bank of England knew about and was just fine with one form of the Libor manipulation. That is, they were fine with just ...