NYSE Euronext Takes Over Libor Administration

NYSE Euronext Takes Over Libor Administration Play

July 9 (Bloomberg) -- Britain will hand over administration of the London interbank offered rate 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 as Libor’s administrator in early 2014, the London-based lobby group that started the benchmark more than two decades ago said in a statement today. Liam Vaughan reports on Bloomberg Television's "Market Makers." (Source: Bloomberg)

  • On Air Now

    The Pulse Watch Now

  • Next

    Bloomberg Surveillance

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus