02
06
2008
Major banks contribute to erratic Libor: Wall Street Journal
Posted by: admin in Investment NewsLONDON (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 suggests they should be, The Wall Street Journal reported Thursday. That’s led to Libor acting as if the banking system was in better shape […] For more visit Source:www.investment-blog.net











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