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.
“Forget Buenos Aires,” said Alicia Garcia-Herrero, Natixis’ chief economist for the Asia Pacific region. She said Japan will gain in the short term due to tariffs but the broader picture, however, is quite complicated.