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.
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Emirates Clark Says 'So Far, So Good' on Laptop Ban
52:47 - Emirates President Tim Clark tells Bloomberg's Guy Johnson it's 'so far, so good' when it comes to the electronics travel ban. Clark says, however, there are concerns about the selective nature of the U.S. Travel Ban and if both policies start to hit the airline's bottom line, the company will change strategy. He speaks from Emirates Dubai HQ. (Source: Bloomberg)