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Wednesday, March 26, 2014. LIBOR - London InterBank Offered Rate. LIBOR, stands for the London InterBank Offered Rate, provides a measure of how much large banks would have to pay to borrow money from other large banks on an unsecured basis. Banks rely on this money to lend to customers and businesses and so it is a vital indicator of confidence in the banking system. Here, we take a look at how LIBOR is calculated, how it could have been manipulated and the potential impact on investors as a result.

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TRADE FINANCE WORLD

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Wednesday, March 26, 2014. LIBOR - London InterBank Offered Rate. LIBOR, stands for the London InterBank Offered Rate, provides a measure of how much large banks would have to pay to borrow money from other large banks on an unsecured basis. Banks rely on this money to lend to customers and businesses and so it is a vital indicator of confidence in the banking system. Here, we take a look at how LIBOR is calculated, how it could have been manipulated and the potential impact on investors as a result.

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This web page tradefinanceworld.blogspot.com states the following, "Wednesday, March 26, 2014." We saw that the webpage said " LIBOR - London InterBank Offered Rate." It also said " LIBOR, stands for the London InterBank Offered Rate, provides a measure of how much large banks would have to pay to borrow money from other large banks on an unsecured basis. Banks rely on this money to lend to customers and businesses and so it is a vital indicator of confidence in the banking system. Here, we take a look at how LIBOR is calculated, how it could have been manipulated and the potential impact on investors as a result."

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