China signals RMB appreciation on the cards; Alibaba creates China’s first small loan securitisation; India departing from monetary tightening strategy
Scandal-hit Libor sold for $1.50 to NYSE Euronext; China announces 10 key financial policy measures: India bans banks from prop trading on currency derivatives.
After the Barclays fixing scandal, financial analysts are in strong agreement that Libor submissions should be a regulated activity and subject to criminal sanctioning, according to the results of a global CFA Institute survey.