Understanding LIBOR: Its Role and Replacement

The London Interbank Offered Rate (LIBOR) was a major global interest rate benchmark, which was replaced by SOFR. Learn about ...
American Banker

Losing Libor will be messy

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 ...
American Banker

Say goodbye to Libor, or risk the ire of your regulator

It’s time to stop “postponement syndrome” over the expiration of the London interbank offered rate. There can be no more stalling. In March, Federal Reserve Vice Chair for Supervision Randal Quarles ...
Accounting Today

FASB proposes guidance on LIBOR transition

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 ...
Reuters

The end of Libor - the biggest banking challenge you've never heard of

LONDON (Reuters) - On June 30, British bank NatWest sent out an arcane-sounding press release - bus operator National Express had become the first company to take out a loan based on Sonia, a ...
Barron's

Libor Is Over. We Still Need More Benchmarks to Replace It.

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 ...
Forbes

Replacing LIBOR: The Countdown Begins

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 ...
Bloomberg L.P.

Libor Is Dead, Almost! What It Was, What Comes Next

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 ...
Forbes

What The Libor Saga Reveals About Overpaid Lawyers And Bankers

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 ...
Morningstar

Libor Rising to the Occasion

This article appears in the February 2017 issue of Morningstar FundInvestor. Download a complimentary copy of FundInvestor by visiting the website. The three-month London Interbank Offer Rate (Libor) ...