Remember the London interbank offered rate, also known as Libor? That rate that no one paid attention to, but then suddenly was on the front page of every newspaper because of the way some reporting ...
The Financial Accounting Standards Board released a proposed accounting standards update Thursday to help banks and other types of businesses make the transition from the London Interbank Offered Rate ...
Now is the time to transition away from the London interbank offered rate, the decades-old benchmark used to calculate the rate of interest charged on more than half of adjustable-rate U.S. home ...
For half a century the series of interest rates known collectively as the London interbank offered rate, or Libor, has helped determine the cost of all sorts of borrowing around the world. But over ...
Whether it’s the side of the road we drive on, our preferred system of measurement or how we define “football,” America always seems to distinguish itself from Britain. Despite this, American lenders ...
About the authors: J. Christopher Giancarlo served as chairman of the U.S. Commodity Futures Trading Commission. He was previously an independent director of the American Financial Exchange, the ...
LONDON, ENGLAND - June 28, 2012. Barclays Bank Fined Over Libor. (Photo by Oli Scarff/Getty Images) Libor is on the verge of becoming Bernie from Weekend at Bernie’s—a corpse being propped up for yet ...
There are only a few certainties in life: death, taxes and change. When questioned about what’s going to change in the next 10 years, Jeff Bezos rhetorically answers what’s not going to change in the ...
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