BEIJING - China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3 percent Friday, unchanged from the previous month. The over-five-year LPR, on which many lenders ...

HARTFORD, Conn.--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP today filed a class action lawsuit on behalf of two California and Colorado residents against some of the nation’s leading banks, ...

These prime rates are reported by The Wall Street Journal, which "serves as a component of the interest rate on trillions of dollars in variable-rate loans," the complaint claimed. The plaintiffs ...

There is a mixed industry reaction after the Competition Commission of South Africa confirmed that they are investigating alleged cartel behaviour linked to the prime rate among South African banks.