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.
From today Chinese financial institutions no longer have to set aside 20 per cent of the value of dollar purchases. For treasurers, that means lower costs and an opportunity to hedge.
After the Barclays fixing scandal, financial analysts are in strong agreement that Libor submissions should be a regulated activity and subject to criminal sanctioning, according to the results of a global CFA ...