Tag: benchmark

Staff ReportsDecember 24, 2018
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3min307
Attorney General Pam Bondi announced a $68 million, 40-state settlement with UBS for “fraudulent conduct involving the manipulation of the London Interbank Offered Rate,” or LIBOR, according to a press release. LIBOR is a benchmark interest rate that affects financial instruments worth trillions of dollars and has a far-reaching impact on global markets and consumers, […]

Phil AmmannJanuary 30, 2015
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5min209
After a major expansion push, Uber Technologies is now in 277 cities around the world, at times eluding longstanding local regulations that hampers the smartphone-based ridesharing service. Nevertheless, as resistance mounts, Uber is working overtime to negotiate agreements in a number of jurisdictions to meet existing laws, reports The Wall Street Journal, even though those […]


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