London interbank offered rate (Libor)

UK bank RBS has been fined a collective £391m for its role in the Libor scandal, with the UK FSA’s investigation finding over 200 “inappropriate” rate submissions.

Barclays has threatened "substantial" job cuts in its London investment bank, ahead of a review of its operations by new chief executive Antony Jenkins.

Two executives at Royal Bank of Scotland are reportedly under pressure to step down as US and UK regulators are concerned about the culture of the investment banking division at the bank.

Standard Life Investments has hired Adam Rudd to the multi-asset investment team as investment director.

A UK care home group is suing Barclays for £37m over the rigging of LIBOR in a landmark case which could force the bank to disclose the names of managers involved in the scandal.

Yesterday Investment Europe explained how the Baltic Exchange calculates the Baltic Dry index, a cost benchmark for transporting dry bulk cargo such as coal and iron ore. Today, Bill Lines from the Baltic Exchange explains how the method of producing...

Libor has hit the headlines recently, for all the wrong reasons. Today we explain how the London Interbank Offered Rate is determined.

Threadneedle Investments is the latest global manager to launch a new multi-asset fund, joining the rush to profit from the booming demand for the asset class.

Professor Raghavendra Rau at the Cambridge Judge Business School says that the UK government-commissioned Wheatley Review into the LIBOR rate rigging allegations should make the banks put their money where their mouths are.

Libor, one of the fundamental measures used in capital markets, has now been widely discredited due to the unfolding scandal of its production. However, as practitioners hunt for replacements, research by Finadium suggests the major alternatives also...