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
Financial firms can’t seem to come to an agreement on the unofficial “pre-cessation” trigger that will signal the beginning of the end for Libor. Meanwhile, SOFR faces some controversy.
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.
As policy makers begin to roll back almost a decade of cross-border cooperation in Asia Pacific regulation, corporate treasurers will need a fragmented approach
Interest rates rising? Rivals snapping at your heels? The treasurer at one of the Philippines’ biggest petroleum companies tells CT how he poured oil on a troubled interest rate sea.
It’s one of the Asia Pacific’s fastest growing economies, but it can also be one of the more volatile. A central banker tells corporate treasurers what to watch out for in the Southeast Asian powerhouse.