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Markets » Libor

Swiss franc rises against euro in Europe
Libor

Swiss franc rises against euro in Europe

The Swiss franc rose against the euro on Thursday after Switzerland's central bank kept interest rates on hold at record lows, defying some expectations that it might act to weaken an overvalued currency. The Swiss National Bank kept its target range for
Published 11 Dec, 2015 12:00am
Gulf banks rush to loan market to cope with liquidity squeeze
Libor

Gulf banks rush to loan market to cope with liquidity squeeze

Gulf banks are rushing to raise money via the loan market by the end of the year in a flurry of activity attributed to a liquidity squeeze caused by lower oil prices, banking sources aware of the matter said on November 23. At least nine institutions, inc
Published 30 Nov, 2015 12:00am
Barclays fined for lax crime checks in 'deal of century'
Libor

Barclays fined for lax crime checks in 'deal of century'

Britain's financial watchdog has fined Barclays 72 million pounds ($109 million) for cutting corners in vetting wealthy customers in order to win a huge transaction described by one senior manager as potentially the "deal of the century." Barclays arrange
Published 27 Nov, 2015 12:00am
Ten bankers charged with Euribor rate-rigging
Libor

Ten bankers charged with Euribor rate-rigging

British authorities charged 10 bankers Friday with manipulating the Euro Interbank Offered Rate, the first to be charged with rigging Euribor. The Serious Fraud Office issued proceedings against six bankers from Germany's biggest lender Deutsche Bank and
Published 14 Nov, 2015 12:00am