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.
A senior DBS banker says the Singapore bank has embraced a client-focused digital ecosystem approach. Meanwhile, there appears to be trouble in paradise at a blockchain developer.
Tariffs are just one of Trump’s weapons to move manufacturing and the global supply chain back to the US. Companies such as Apple could face a potential 40% increase in production costs, Goldman Sachs estimates.