Although sections of the market seek an extension to the date for phasing out Libor, treasury officials, bankers and lawyers say they are working under the assumption there won’t be any delays.
Will it be the year where corporate treasurers reap the rewards of labours or will they just have to work hard before going to the slaughterhouse? The Corporate Treasurer takes a look at the road ahead.
Covid-19 is shaking up corporate treasurers’ relationship with their banks, and customer preferences are changing, according to a new study by East & Partners (Asia).
For the UK, it was hailed as an historic triumph, reaching an 11th hour agreement after years of hard negotiating. For Asia’s treasurers, however, ‘no deal’ is still the only deal.
