Libor

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Skyscrapers in the Canary Wharf business, financial and shopping district, including HSBC Holdings Plc, One Canada Square and Citigroup Inc. Photograph: Matthew Lloyd/Bloomberg

The day after Thomas Hayes was dismissed by Citigroup for rigging Libor, the derivatives trader fired off an email accusing his boss of manipulating s(...)

Former Barclay’s trader Jay Merchant arrives at Westminster Magistrates Court in London. Photograph: Luke MacGregor/Reuters

Three ex-traders from banking group Barclays appeared in a London court today as Britain began criminal proceedings against US-based Libor traders, pa(...)

UBS sought to act quickly to gather and supply information when similar allegations of wrongdoing by leading banks in foreign exchange surfaced in June. Photograph: Steffen Schmidt/ EPA

Swiss bank UBS approached US authorities in September with information relating to an industry-wide probe into alleged rigging of currency markets, in(...)