Tag Archives: Systemic risk

10Apr/17

Bank of England says won’t publish Libor details until fraud probe over

The BBC releases a recording of an October 2008 phone call between two bankers at Barclays in which one said he was under “serious pressure” from the Bank of England to set an artificially low rate for Libor, an inter-bank borrowing rate.

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21Nov/16
Stanley Fischer, vice chairman of the U.S. Federal Reserve

Washington can now help relieve ‘only game in town’ Fed – Fischer

The Federal Reserve’s second-in-command, vice chairman Stanley Fischer, warns against “inviting further trouble” by eliminating some of the so-called Dodd-Frank financial regulations. Jeanne Yurman reports. Continue reading