NYSE Euronext to take over Libor oversight

Business / Financial Markets Jul 10, 2013

NYSE Euronext to take over Libor oversight

Britain will hand over administration of the London interbank offered rate (Libor) to the operator of the New York Stock Exchange as regulators try to revive confidence in the scandal-hit benchmark. NYSE Euronext will replace the British Bankers' Association (BBA) as Libor's administrator in early ...