We’re looking at one of the most topical and controversial topics of 2012 – LIBOR. There’s a surprisingly strong antitrust connection. Restructuring proposals, as well as calculating potential criminal liabilities,…

David Flower, Nov 28, 2012 In June of 2012, when regulators in the United States and United Kingdom announced settlements totaling USD $451,000,000 with Barclays Bank, news that a large…

Grant Murray, Douglas Tween, Nov 28, 2012 Hordes of enforcers across the world, including financial regulators, fraud investigators, and antitrust authorities, are looking into the alleged manipulation of LIBOR and…

Nov 28, 2012 On Nov. 20 CPI and Global Economics Group assembled an all-star team to ask several questions: Should LIBOR should be tweaked, overhauled, or blown up? And what happens…

Rosa Abrantes-Metz, Daniel Sokol, Nov 28, 2012 In late June 2012, Barclays entered a $453 million settlement with U.K. and U.S. regulators due to its manipulation of the London Interbank…

Rosa Abrantes-Metz, David Evans, Nov 28, 2012 The London Interbank Offering Rate has been called “the world’s most important number.” It is the primary benchmark for global short-term interest rates. LIBOR…

Michael Barr, Nov 28, 2012 But what about reform? Didn’t the British authorities just fix the problem? No. The “Wheatley Report” issued last month is definitely better than the status…

Michael Eisenkraft, J. Douglas Richards, Nov 28, 2012 Defendants’ motions to dismiss the antitrust claims of the Plaintiffs in the LIBOR multi-district litigation includes an argument that advocates for a…

Rodger Burnett, Lianne Craig, Gurpreet Gchhokar, Nov 28, 2012 LIBOR (London Inter-Bank Offered Rate) is one of the world’s most significant interest rate benchmarks used to set payments on financial…