Libor

Upcoming regulatory work

Eighth EURIBOR rate-rigging conviction by the Serious Fraud Office

Substantial fine for former RBS trader

'Sonia' benchmark an alternative

Fines also falling

Recording uncovered by BBC

A London jury has found an ex-broker not guilty of rigging the inter-bank lending rate Libor, a day after five others were also acquitted, in a major blow for the Serious Fraud Office (SFO) which brought the case.

The Financial Conduct Authority (FCA) has handed Deutsche Bank a £227m fine, its largest ever for LIBOR and EURIBOR-related misconduct because the bank tried to hamper investigations by misleading the regulator.

The Financial Conduct Authority (FCA) is to review how and how much it fines businesses amid complaints from banks about the rise of high penalties.

The Serious Fraud Office (SFO) has begun criminal proceedings against broker Noel Cryan in connection with the manipulation of the London inter-bank offered rate (LIBOR).