LONDON (MarketWatch) — Citigroup , WestLB, HBOS JP Morgan Chase & Co. , and UBS , have reported significantly lower borrowing costs for the London interbank offered rate, or Libor, than what another market measure recommends they should be, The Wall Street Journal reported Thursday. That’s led to Libor acting as if the banking system was in superior shape […] For more visit Source:www.investment-blog.net

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This entry was posted on Saturday, May 31st, 2008 at 8:22 pm and is filed under Investment News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.