libor

Investigations into whether banks in Singapore have rigged synthetic exchange rates obscure the more fundamental problem of immaturity in the region's capital markets.

Barclays' fines, the GlaxoSmithKline settlement with the US government, and now Bafin’s investigation into Deutsche Bank prove governments are mining the lucrative grey areas of the law to find wrongdoing.

As the US Department of Justice opens a criminal probe into the setting of Libor rates, is this the beginning of the end of shady, illiquid and highly profitable trades that banks make between themselves?

Faced with a rapidly rising loan-to-valuation ratio, Rickmers Maritime CFO Quah Ban Huat increased cash by nearly 1,000% until he could renegotiate the terms of the company’s loans.

Star Cruises has refinanced a $600 million loan, taken out to complete the NCL takeover, and is on track to raise $600 million via a Hong Kong listing in September.