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.
From today Chinese financial institutions no longer have to set aside 20 per cent of the value of dollar purchases. For treasurers, that means lower costs and an opportunity to hedge.
After his election as president of the United States, Donald Trump looks all but guaranteed to usher in a period of uncertainty. As 2017 dawns, CT weighs up the risks.