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.
The Japanese company plans to reduce its reliance on bank loans by borrowing from subsidiaries with ample cash in a bid to raise $1.8bln of its $2.7bln funding needs.
With a referendum being held on June 23, a British exit from the European Union is now a distinct possibility. CT asks what the financial impact could be.
A joint CT CBA poll examines the behaviour of corporate treasury departments throughout Asia-Pacific and finds dependence on counterparty ratings and local treasuries limited by central policy.