Tag: Libor

Capital and Risk, Credit

Recommendations for Banks Prepping for LIBOR Transitions, Updated Timelines

December 1, 2020

Via: Bank Director

While much of the focus this summer was on Covid-19, the decline in GDP and the fluctuating UE rates, some pockets of the market kept a different acronym in the mix of hot topics. Regulators, advisors and trade groups have […]


Regulators need to provide clarity on Libor cessation, says ISDA

December 5, 2019

Via: Banking Technology

A transition away from Libor – which has been tarnished by rigging scandals – remains one of the largest challenges facing the industry. The Financial Stability Board’s (FSB) Official Sector Steering Group (OSSG) coordinates international efforts on benchmark reform and […]

Activity, Trading

The Most Important Number in Finance Is Going Away. Wall St. Isn’t Prepared.

July 19, 2018

Via: The New York Times

In the world of finance, there is one number that arguably matters more than any other. You can find it in the small print on adjustable-rate mortgages and private student loans, it is the basis for enormous corporate loans, and […]