Search results
Results from the WOW.Com Content Network
The Wall Street Journal reported in March 2011 that regulators were focusing on Bank of America Corp., Citigroup Inc. and UBS AG in their probe of Libor rate manipulation. [49] A year later, it was reported in February 2012 that the US Department of Justice was conducting a criminal investigation into Libor abuse. [50]
The Wall Street Journal Prime Rate (WSJ Prime Rate) is a measure of the U.S. prime rate, defined by The Wall Street Journal (WSJ) as "the base rate on corporate loans posted by at least 70% of the 10 largest U.S. banks". It is not the "best" rate offered by banks.
R.I.P. to the London Interbank Offered Rate which will die on Jan. 1, 2022 — sort of. As LIBOR fades away, alternative rates get a closer look [Video] Skip to main content
As of 2012, The Wall Street Journal had a global news staff of around 2,000 journalists in 85 news bureaus across 51 countries. [106] [107] As of 2012, it had 26 printing plants. [106] Its Asia headquarters is in Hong Kong, but will move to Singapore after it stated it would do so in 2024. [108] Regularly scheduled sections are:
The LIBOR scandal is being called the "Wall Street scandal of all scandals" and the "rotten heart of finance," but the massive fraud can be hard to fathom for anyone who doesn't follow the markets.
Tom Hayes (born October 1979 [1]) is a former trader for UBS and Citigroup who was convicted for conspiracy to defraud and sentenced to 14 years in prison (reduced to 11 years on appeal) for conspiring with others to dishonestly manipulate the London Interbank Offered Rate [2] as part of the Libor scandal.
You are free: to share – to copy, distribute and transmit the work; to remix – to adapt the work; Under the following conditions: attribution – You must give appropriate credit, provide a link to the license, and indicate if changes were made.
Paul Gigot. The Wall Street Journal editorial board members oversee the Journal ' s editorial page, dictating the tone and direction of the newspaper's opinion section.. Every Saturday and Sunday, three editorial page writers and host Paul Gigot, editor of the Editorial Page, appear on Fox News Channel's Journal Editorial Report to discuss current issues with a variety of guests.