Bailey Says Market Not Active Enough to Keep Libor

Financial Conduct Authority chief executive officer Andrew Bailey said that the market was no longer "sufficiently active" to keep Libor, and that the market will change after the benchmark is replaced. He gave a speech at Bloomberg's European headquarters in London. (Excerpts. Source: Bloomberg) (Source: Bloomberg)

StanChart's Brice Sees Shale Oil Costs Increasing
34:25 - Standard Chartered Bank Chief Investment Strategist Steve Brice discusses the price and production of oil. He speaks on "Bloomberg Markets: Middle East." (Source: Bloomberg)
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