WestLB AG Removed from BBA's US Dollar LIBOR Panel

Effective August 1, 2011, the German bank WestLB AG no longer participates in the BBA's US Dollar (Eurodollar) LIBOR panel. Therefore, the number of banks used to calculate LIBOR for Eurodollars has dropped from 20 to 19.

Current banks on BBA's Eurodollar LIBOR panel:

• The Bank of America
• JP Morgan Chase
• Citibank, NA

• Bank of Nova Scotia
• Bank of Tokyo-Mitsubishi UFJ Ltd
• Barclays Bank plc
• BNP Paribas
• Credit Agricole CIB
• Credit Suisse
• Deutsche Bank AG
• HSBC
• Lloyds TSB Bank plc
• Rabobank
• Royal Bank of Canada
• Société Générale
• Sumitomo Mitsui Banking Corporation
• The Norinchukin Bank
• The Royal Bank of Scotland Group
• UBS AG

Click here to read more about how Eurodollar LIBOR fixing works.