Differences in LIBOR replacement rates could upset complex deal structures. Floating rate debt instruments for commercial real estate loans and many other forms of financing have for decades relied on ...

Rates on some business loans could rise by roughly three percentage points in July if Libor-related contractual language is not changed in the next several weeks. Banks, lawyers and business leaders ...

Now is the time to transition away from the London interbank offered rate, the decades-old benchmark used to calculate the rate of interest charged on more than half of adjustable-rate U.S. home ...

If your credit card's variable interest rate was tied to LIBOR, you should have gotten notice from your issuer that your card will transition to a new index. There are rules related to the transition ...

The well-publicized sunset of the London Interbank Offered Rate (LIBOR), the adjustable interest rate benchmark referenced in trillions of dollars' worth of contracts, is happening this summer. After ...

If Wall Street, The City (London’s Financial Center) and other high-finance powerhouses were teenagers, would you trust them with the keys to the car? You might want to think twice about it if you don ...

While there are many challenges associated with the prospective LIBOR transition at the end of 2021, one of the most daunting challenges has to be the impact of the prospective transition on ...

NEW YORK, Dec 28 (Reuters) - Libor, or the London Interbank Offered Rate, will no longer be used for new derivatives and loans as of Jan. 1. The benchmark and reference rate, which had $265 trillion ...

The advent of a new calendar year means many things. For municipalities with outstanding bank loans or interest rate swaps, 2020 may be the year when many first hear about the long-planned phase-out ...

This week’s Bloomberg Businessweek cover story is about Tom Hayes, a British trader convicted of manipulating Libor. The London Interbank Offered Rate is a global benchmark for the cost of borrowing.