FSA Unveils Libor Reform Review Today

The U.K.’s chief markets regulator said banks that set the Libor interest rate are seeking a “scientific” process that will limit future liability from the scandal ridden benchmark.

Most Recent Videos

U.S. Jobless Claims Fall to 15-Year Low in Holiday Week
31:57 - Jan. 29 -- The fewest Americans in almost 15 years filed applications for unemployment benefits during a holiday-shortened week that typically makes the data more volatile. Jobless claims plunged by 43,000 to 265,000 in the week ended Jan. 24, the lowest since April 2000, a Labor Department report showed Thursday in Washington. Scarlet Fu reports on Bloomberg Television's "In the Loop."
  • Worst-Case Scenario: Everything Can Go Wrong This Year
  • McDonald’s Turnaround Plan: Rebrand or Refranchise?
  • Islamic State Sets Sunset Deadline for Hostage Exchange