AIRLINK 71.69 Decreased By ▼ -2.41 (-3.25%)
BOP 5.00 No Change ▼ 0.00 (0%)
CNERGY 4.39 Increased By ▲ 0.05 (1.15%)
DFML 28.55 Decreased By ▼ -0.99 (-3.35%)
DGKC 82.40 Decreased By ▼ -1.15 (-1.38%)
FCCL 21.95 Decreased By ▼ -0.48 (-2.14%)
FFBL 34.15 Decreased By ▼ -0.75 (-2.15%)
FFL 10.08 Increased By ▲ 0.21 (2.13%)
GGL 10.12 Increased By ▲ 0.12 (1.2%)
HBL 113.00 Increased By ▲ 1.00 (0.89%)
HUBC 140.50 Increased By ▲ 2.81 (2.04%)
HUMNL 8.03 Increased By ▲ 1.05 (15.04%)
KEL 4.38 Decreased By ▼ -0.02 (-0.45%)
KOSM 4.50 Decreased By ▼ -0.09 (-1.96%)
MLCF 38.01 Decreased By ▼ -0.54 (-1.4%)
OGDC 134.69 Decreased By ▼ -1.91 (-1.4%)
PAEL 26.62 Increased By ▲ 1.48 (5.89%)
PIAA 25.40 Decreased By ▼ -1.11 (-4.19%)
PIBTL 6.55 Decreased By ▼ -0.10 (-1.5%)
PPL 121.95 Decreased By ▼ -3.45 (-2.75%)
PRL 27.73 Decreased By ▼ -0.48 (-1.7%)
PTC 13.80 Decreased By ▼ -0.50 (-3.5%)
SEARL 54.89 Increased By ▲ 0.29 (0.53%)
SNGP 69.70 Decreased By ▼ -1.50 (-2.11%)
SSGC 10.40 Decreased By ▼ -0.10 (-0.95%)
TELE 8.50 Decreased By ▼ -0.02 (-0.23%)
TPLP 10.95 Increased By ▲ 0.01 (0.09%)
TRG 60.90 Increased By ▲ 0.20 (0.33%)
UNITY 25.22 Decreased By ▼ -0.11 (-0.43%)
WTL 1.28 Increased By ▲ 0.02 (1.59%)
BR100 7,619 Decreased By -45.8 (-0.6%)
BR30 24,969 Decreased By -56.1 (-0.22%)
KSE100 72,761 Decreased By -3 (-0%)
KSE30 23,625 Decreased By -150.3 (-0.63%)
May 08, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Markets » Libor

ANZ suspends traders in Australia interest rate probe
Libor

ANZ suspends traders in Australia interest rate probe

ANZ Bank has suspended seven traders pending the outcome of an investigation by Australia's corporate watchdog into possible rigging of the country's benchmark interest rate. The Australian Securities and Investments Commission (ASIC) is examining trading
Published 21 Nov, 2014 12:00am
Belgium charges HSBC
Libor

Belgium charges HSBC

Belgian prosecutors charged a subsidiary of British bank HSBC on Monday with fraud and money-laundering worth hundreds of millions of euros, mainly for diamond dealers in the industry's international hub of Antwerp. Swiss subsidiary HSBC Private Bank SA (
Published 18 Nov, 2014 12:00am
UBS eyes cancelling bonuses for forex traders
Libor

UBS eyes cancelling bonuses for forex traders

Banking giant UBS, one of six banks fined this week for attempting to manipulate foreign exchange markets, confirmed Saturday it was considering taking back bonuses from traders over the scandal. The bank confirmed a report in Financial Times stating that
Published 16 Nov, 2014 12:00am
Six big banks hit with $4.2 billion forex rigging fines
Libor

Six big banks hit with $4.2 billion forex rigging fines

Global regulators announced Wednesday $4.2 billion in fines against six major US and European banks for attempting to manipulate foreign exchange markets. The hefty fines, unveiled in London, Washington and Zurich, follow a world-wide probe into the scand
Published 13 Nov, 2014 12:00am
Six big banks hit with $4.2 billion forex rigging fines
Libor

Six big banks hit with $4.2 billion forex rigging fines

Global regulators announced Wednesday $4.2 billion in fines against six major US and European banks for attempting to manipulate foreign exchange markets. The hefty fines, unveiled in London, Washington and Zurich, follow a world-wide probe into the scand
Published 13 Nov, 2014 12:00am
Six big banks hit with $4.2 billion forex rigging fines
Libor

Six big banks hit with $4.2 billion forex rigging fines

Global regulators announced Wednesday $4.2 billion in fines against six major US and European banks for attempting to manipulate foreign exchange markets. The hefty fines, unveiled in London, Washington and Zurich, follow a world-wide probe into the scand
Published 13 Nov, 2014 12:00am
HSBC sets aside $378 million for fine over forex scandal
Libor

HSBC sets aside $378 million for fine over forex scandal

HSBC bank on Monday set aside $378 million (302 million euros) for a potential fine in Britain to settle allegations of foreign exchange market rigging, as it posted mixed third-quarter earnings. The Asia-focused lender said in a results statement that it
Published 04 Nov, 2014 12:00am
HSBC sets aside $378 million for fine over forex scandal
Libor

HSBC sets aside $378 million for fine over forex scandal

HSBC bank on Monday set aside $378 million (302 million euros) for a potential fine in Britain to settle allegations of foreign exchange market rigging, as it posted mixed third-quarter earnings. The Asia-focused lender said in a results statement that it
Published 04 Nov, 2014 12:00am
HSBC sets aside $378 million for fine over forex scandal
Libor

HSBC sets aside $378 million for fine over forex scandal

HSBC bank on Monday set aside $378 million (302 million euros) for a potential fine in Britain to settle allegations of foreign exchange market rigging, as it posted mixed third-quarter earnings. The Asia-focused lender said in a results statement that it
Published 04 Nov, 2014 12:00am
Russian central bank sees meagre demand for new forex repos
Libor

Russian central bank sees meagre demand for new forex repos

A debut auction of forex repos by Russia's central bank on Wednesday met with lacklustre demand, with analysts saying banks were deterred from taking up the offer by a relatively high interest rate and short-term nature of the instrument. The $50 billion
Published 02 Nov, 2014 12:00am
Gadani Power Park: six companies submit EoIs
Libor

Gadani Power Park: six companies submit EoIs

Six companies have submitted their Expressions of Interest (EoIs) against imported coal-based IPPs of cumulative capacity of 6600 MW to be set up at the Gadani Power Park, (Balochistan). The EoI opening ceremony was held here yesterday at Private Power &
Published 01 Nov, 2014 12:00am
Gadani Power Park: six companies submit EoIs
Libor

Gadani Power Park: six companies submit EoIs

Six companies have submitted their Expressions of Interest (EoIs) against imported coal-based IPPs of cumulative capacity of 6600 MW to be set up at the Gadani Power Park, (Balochistan). The EoI opening ceremony was held here yesterday at Private Power &
Published 01 Nov, 2014 12:00am
Gadani Power Park: six companies submit EoIs
Libor

Gadani Power Park: six companies submit EoIs

Six companies have submitted their Expressions of Interest (EoIs) against imported coal-based IPPs of cumulative capacity of 6600 MW to be set up at the Gadani Power Park, (Balochistan). The EoI opening ceremony was held here yesterday at Private Power &
Published 01 Nov, 2014 12:00am
Barclays takes huge charge for forex probes, profit drops
Libor

Barclays takes huge charge for forex probes, profit drops

Scandal-hit British bank Barclays revealed a huge charge for probes into allegations it rigged foreign-exchange market prices, cutting into quarterly profits reported on Thursday. The bank has set aside £500 million, equivalent to $800 million or 634 mill
Published 31 Oct, 2014 12:00am