Libor scandal

Jul 9: NYSE Euronext will take over and run the scandal-plagued Libor interest rate starting in early 2014. More
Jun 14: Singapore has rapped 20 banks for allowing 133 traders to attempt to manipulate interest rate and foreign exchange benchmarks over a period of four years. More
Apr 9: CFTC looking at whether banks used deception to manipulate rates used in interest rate swaps, widening a probe started by the Libor scandal. More
Mar 8: Bob Diamond stands to collect about $3 million on the anniversary of his resignation as chief executive of Barclays over the bank's role in rigging global interest rates. More
Feb 6: The Royal Bank of Scotland has been fined $612 million by regulators after an investigation found 21 bank employees tried to rig global benchmark interest rates over a period of four years. More
Dec 19: Swiss bank UBS will pay $1.5 billion in penalties after admitting to fraud in its role in manipulating global benchmark interest rates. More
Dec 19: Swiss bank UBS will pay $1.5 billion in penalties after admitting to fraud in its role in manipulating global benchmark interest rates. More
Oct 26: 16 banks have now been subpoenaed by the New York state Attorney General's office as part of the widening probe. More
Oct 16: A class action lawsuit alleges that homeowners with adjustable-rate mortgages overpaid due to Libor manipulation. More
Sep 28: The report from British authorities comes after a massive scandal in which banks rigged the Libor rate for their own benefit. More
Aug 30: Scandal-plagued Barclays turns to retail and business banking chief Jenkins as new CEO. More
Aug 15: Major banks including Barclays, Deutsche Bank and Citigroup are being investigated in a scandal involving a key global interest rate. More
Jul 30: The Berkshire Bank, a community bank in New York, files federal class action lawsuit against world's major banks charging it was hurt by Libor manipulation. More
Jul 27: Barclays apologizes for role in manipulating Libor rates as part of its report showing first-half profit growth. More
Jul 23: Observers are calling for prosecutions for individuals involved in the Libor scandal. More
Jul 18: Treasury Secretary Tim Geithner said the U.S. took the initiative to red-flag concerns about Libor, adding more reforms and enforcement are on the way. More
Jul 17: Fed chief Bernanke defends 2008 response to reports of manipulation of Libor rate to a Senate panel on Tuesday. More
Jul 16: State attorneys general looking at suits to reclaim money lost by state and local governments when major banks manipulated the Libor rates they paid. More
Jul 13: Years before Barclays scandal broke, official of bank admitted it was under-reporting Libor rates, prompting Geithner to suggest changes to Bank of England. More
Jul 13: Banks face risk from both litigation and regulatory penalties. Losses are likely to reach well into the billions. More
Jul 12: The public has every right to be outraged over allegations that banks manipulated key global interest rates. But some consumers may have actually benefited from the Libor mess. More
Jul 12: Reports that banks manipulated key Libor rate were trumpeted by several financial analysts and news media organizations in 2008. More
Jul 11: The Barclays scandal has cast significant doubt on how banks set interest rates. But experts doubt that tighter controls will solve the problem. More
Jul 10: Lawmakers in the House and Senate are looking into what the Federal Reserve knew about manipulation of the Libor rate among banks. More
Jul 6: Civil lawsuits have been filed in connection with the Libor scandal by plaintiffs ranging for mutual funds to individual investors to the City of Baltimore. More
Jul 3: The widening rate-fixing scandal has already claimed Barclays CEO Bob Diamond, and there's much more to come. More
Jul 3: Other global banks joined Barclays in setting interest rates for their benefit, documents show. The investigation will continue to reverberate around Wall Street. More
Mar 11:Investigators around the world are looking into whether some of the world's biggest banks manipulated Libor, which is tied to everything from student loans to mortgages. More

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