LIBOR

/ ˈlaɪbɔː /

abbreviation for

London Inter-Bank Offer Rate: the standard rate of interest for loans between financial institutions

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Last June Barclays agreed to pay a $453 million fine to settle charges over its involvement in the LIBOR scandal.

The second flurry of news pertains to the long-running LIBOR scandal.

There are certain to be more LIBOR-related settlements to come.

He also “referred explicitly to his UBS trading positions and the impact of the JPY LIBOR rate on those position.”

The FSA complaint says that there were more than 800 requests for the yen LIBOR alone, and 115 for LIBORs in other currencies.

Libor said nothing, for his lips were twitching and quivering convulsively.

Father Roger had been present in Libor's retinue on this occasion, a slave among slaves.

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