Discover how MIFOR, the Mumbai Interbank Forward Offer Rate, influenced Indian banking with forward agreements and ...
Discover the BGM Model's role in pricing interest rate derivatives using LIBOR rates. Learn its applications, advantages, and insights for swaptions and caplets.
LIBOR set interest rates for trillions of dollars in loans for over 30 years. Banks manipulated the rate because it relied on estimates rather than real transactions. A new system called SOFR replaced ...
— -- A new scandal in the banking industry is undermining its image, already tarnished by rogue trading at JPMorganChase and the 2008 subprime mortgage collapse. At the heart of the scandal: ...
Aug 5 (Reuters) - Companies including chipmaker Avago Technologies and food product producer Pinnacle Foods are issuing leveraged loans without Libor floors as the key benchmark rate rises. Sign up ...
Nov 17 - A former broker at ICAP Plc accused of helping rig benchmark interest rates denied the charges in court on Tuesday, saying he would have gone from "hero to zero" if he had favored convicted ...