LONDON (Reuters) - Libor benchmark interest rates are no longer "fit for purpose" and must be changed or replaced, Britain's regulator said on Friday as he set out proposals to restore their credibility.
Reuters: Top News, Reuters
Fri, 08/10/2012 - 3:05am
LONDON (Reuters) - Libor benchmark interest rates are no longer "fit for purpose" and must be changed or replaced, Britain's regulator said on Friday as he set out proposals to restore their credibility.