Tag: libor transition

Where does Libor live in a bank? Why are banks in Asia not looking at Libor transition seriously? Which bank is racing ahead? It’s been an interesting couple of weeks for Libor transition watchers.

Treasurers might need to prepare for a multiple rate environment and check if their treasury management systems are ready, even as some banks are holding out hope that the deadline will be extended

Steady pickup in money markets using the Secured Overnight Financing Rate is helping financial industry participants formulate fallback language for existing financial products that use Libor.