World

Libor overhauled

Name: Libor overhauled
Uploaded: 2012-09-28T17:15:33.611Z
Duration: 4 min 2 s
Channel: Financial Times
Description: Daniel Garrahan reports on reforms to the London interbank lending rate

The London interbank lending rate has been overhauled. The reforms include a radical pruning of the number of rates it offers and a new administrator. Daniel Garrahan reports on a bold effort by the FSA to restore faith in Libor.

September 28, 2012

Filmed and produced by Daniel Garrahan. Additional footage by Reuters and FT Archive