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 tit-for-tat trade war is escalating and for embattled corporate treasurers it means manning the foreign exchange bunkers. CT looks at the situation in the currency trenches.