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.
Two days of volatility in SOFR, the main contender to replace Libor, has cast doubt on its suitability as a new benchmark rate for corporate financial activity
The so-called trade war may be hogging the headlines, but for many corporate treasuries it’s more than business as usual. M&As, one survey has found, have never been more vigorous