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Apr 27, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Markets » Libor

Deutsche Bank litigation costs 1.4bn euros in first 9 months
Libor

Deutsche Bank litigation costs 1.4bn euros in first 9 months

Deutsche Bank incurred fines and litigation costs of 1.363 billion euros ($1.73 bln) from January to September 2014, data released by the ECB showed on Sunday. Germany's flagship lender had said on Friday said it expected to publish litigation costs of 89
Published 27 Oct, 2014 12:00am
Deutsche Bank lawyer found dead by suicide in New York
Libor

Deutsche Bank lawyer found dead by suicide in New York

A senior Deutsche Bank regulatory lawyer has been found dead in New York after committing suicide, New York City officials said on Saturday. Calogero Gambino, 41, was found on the morning of October 20 at his home in the New York borough of Brooklyn and p
Published 26 Oct, 2014 12:00am
Coal-fired project in state of uncertainty
Libor

Coal-fired project in state of uncertainty

Sindh Engro Coal Mining Company's (SECMC) 660 MW local coal-fired project being established in Thar is in doubt with Chinese banks unwilling to extend a loan for the power plant on a Pakistani sovereign guarantee. SECMC, however, believes that the flagshi
Published 25 Oct, 2014 12:00am
Coal-fired project in state of uncertainty
Libor

Coal-fired project in state of uncertainty

Sindh Engro Coal Mining Company's (SECMC) 660 MW local coal-fired project being established in Thar is in doubt with Chinese banks unwilling to extend a loan for the power plant on a Pakistani sovereign guarantee. SECMC, however, believes that the flagshi
Published 25 Oct, 2014 12:00am
Coal-fired project in state of uncertainty
Libor

Coal-fired project in state of uncertainty

Sindh Engro Coal Mining Company''s (SECMC) 660 MW local coal-fired project being established in Thar is in doubt with Chinese banks unwilling to extend a loan for the power plant on a Pakistani sovereign guarantee. SECMC, however, believes that the flagsh
Published 25 Oct, 2014 12:00am
EU fines JP Morgan for rigging interest rates
Libor

EU fines JP Morgan for rigging interest rates

The European Commission fined US banking giant JP Morgan more than 61 million euros ($78 million) on Tuesday for its role in rigging benchmark international interest rates. JP Morgan worked with Royal Bank of Scotland in 2008-09 to fix interest rates on S
Published 22 Oct, 2014 12:00am
EU fines JP Morgan for rigging interest rates
Libor

EU fines JP Morgan for rigging interest rates

The European Commission fined US banking giant JP Morgan more than 61 million euros ($78 million) on Tuesday for its role in rigging benchmark international interest rates. JP Morgan worked with Royal Bank of Scotland in 2008-09 to fix interest rates on S
Published 22 Oct, 2014 12:00am
EU fines JP Morgan for rigging interest rates
Libor

EU fines JP Morgan for rigging interest rates

The European Commission fined US banking giant JP Morgan more than 61 million euros ($78 million) on Tuesday for its role in rigging benchmark international interest rates. JP Morgan worked with Royal Bank of Scotland in 2008-09 to fix interest rates on S
Published 22 Oct, 2014 12:00am
Banks to get instruction manual for submitting Libor quotes
Libor

Banks to get instruction manual for submitting Libor quotes

Banks who submit quotes for compiling Libor interest rates will have to follow a manual of instructions to avoid a repeat of the rigging seen in the past, the benchmark's new administrator said on Monday. Ten banks and brokerages have paid more than $6 bi
Published 21 Oct, 2014 12:00am
Barclays in $20 million class-action Libor settlement
Libor

Barclays in $20 million class-action Libor settlement

British bank Barclays agreed to pay $20 million to settle a class-action suit from investors who lost money in the Libor interest rate-rigging conspiracy, according to a US court filing. The banking giant also agreed to cooperate with plaintiffs as they s
Published 10 Oct, 2014 12:00am
Barclays in $20 million class-action Libor settlement
Libor

Barclays in $20 million class-action Libor settlement

British bank Barclays agreed to pay $20 million to settle a class-action suit from investors who lost money in the Libor interest rate-rigging conspiracy, according to a US court filing. The banking giant also agreed to cooperate with plaintiffs as they s
Published 10 Oct, 2014 12:00am
Barclays in $20 million class-action Libor settlement
Libor

Barclays in $20 million class-action Libor settlement

British bank Barclays agreed to pay $20 million to settle a class-action suit from investors who lost money in the Libor interest rate-rigging conspiracy, according to a US court filing. The banking giant also agreed to cooperate with plaintiffs as they s
Published 10 Oct, 2014 12:00am
US, European banks near deals on Libor, forex rigging
Libor

US, European banks near deals on Libor, forex rigging

Large American and European banks are nearing settlement deals with British regulators over rigging interest rates and manipulating the foreign exchange market, sources told AFP Tuesday. The overall settlement for charges of illegally manipulating the Lon
Published 09 Oct, 2014 12:00am