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
Corporate treasurers and CFOs are backing a weaker renminbi in 2019, betting the People’s Bank of China will weaponise the currency to fight the escalating trade war.