Bank of England threatens to use 'tools' to scrap Libor
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LONDON (Reuters) - The Bank of England warned on Thursday that it could force banks and insurers to hold more capital or use other "supervisory tools" as market momentum for ditching the tarnished Libor interest rate benchmark shows signs of flagging.Ditching Libor, a 50-year-old price reference once dubbed the world's most important number and still embedded in loans from mortgages to credit cards worth $400 trillion globally, is one of the biggest challenges markets have faced in decades.Banks..