What was LIBOR? The London Interbank Offered Rate reflected how much banks paid to borrow from each other. Each business day until June 2023, major institutions like JPMorgan and Barclays ...

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 ...

Libor Ustrnul, 43, of Mundelein, was arrested last week after investigators conducted a search warrant and found evidence of child pornography on his computer. Ustrnul is a former professional hockey ...

Libor Ustrnul, a Czech Republic native, was charged with one count of child pornography possession, a Class 2 felony, according to Lake County court records. Authorities obtained an arrest warrant ...

Paoli is part of a Glacier staff that includes former NHL player Mike Brown and former Chicago Wolves player Libor Ustrnul.

Dmitry Pugachevsky, director of research at Quantifi, explores how the transition from Libor to the secured overnight financing rate (SOFR) impacts rates, bonds and loans, alongside some of the ...

June 30th has passed and one-, three- and six-month USD LIBOR settings have ceased to be published. As confirmed by the FCA on 3 April 2023, the ICE ...

Libor eventually came to be widely used for floating-rate corporate bonds, adjustable-rate mortgages, other forms of consumer credit, and the rapidly growing derivatives markets.

It has been an arduous process to get the financial system to stop relying on the tarnished interest-rate benchmark.

LIBOR is a global benchmark interest rate that combines individual rates at which banks opine they may borrow from each other (for a particular period of time) at the London interbank market. It ...

So-called rollovers and a proposed synthetic Libor are potential safety nets for businesses that don’t switch from the rate benchmark ahead of its June phaseout.

Lary Stromfeld, Jason Halper and Rachel Rodman, of Cadwalader, Wickersham & Taft LLP, discuss the newly signed law providing guidance in navigating the end of LIBOR (London Inter-bank Offered Rate).