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Showing 62 to 62 of 62 search results for Directive and the new regime for second charge mortgages.

  1. Lloyds Banking Group fined £105m for serious LIBOR and other benchmark failings

    Press Releases Published: 28/07/2014 Last modified: 28/07/2014
    This was done by allowing banks to swap illiquid, mortgage backed securities for highly liquid UK Treasury Bills. ... Treasury. The LIBOR benchmark reference rate indicates the interest rate that banks charge when lending to each other.