Quarles: Lenders Need to ‘Pick up the Pace’ on Libor Transition
Lenders need to “pick up the pace” to be ready for the year-end change away from Libor to alternative reference ...
Tag: Libor
ARRC Issues FAQs on SOFR Term Rate Best Practices
The Alternative Reference Rates Committee today published a set of frequently asked questions addressing its recent best practices recommendations related ...
Treasury, Agencies Urge Financial Institutions to Offer USD Libor Alternatives
In a letter to nonfinancial corporations today, the heads of the Treasury Department, Federal Reserve, Securities and Exchange Commission and ...
Generating Returns from C&I Loans
Community banks look to the senior loan market for solutions to liquidity, competition, yield and growth.
Refinitiv Launches USD IBOR Cash Fallbacks Prototype
The Alternative Reference Rates Committee today welcomed the prototype publication launch of its recommended spread adjustments and spread adjusted rates ...
A Model Transition? Surveying Banks’ Post-Libor Rate Choices
As the Libor endgame continues to count down, what rates are America’s large and midsize banks planning to adopt to ...
ABA Data Bank: Libor Replacement Rates Banks Plan to Use
Half or more of banks surveyed plan to use the SOFR daily, SOFR term structure, SOFR arrears compounding, and/or BSBY ...
ARRC Completes Key Milestone in Libor Transition, Recommends SOFR Term Rates
In a highly anticipated move today, the Alternative Reference Rates Committee formally recommended CME Group as the administrator for a ...
ABA Supports Libor ‘Tough Legacy’ Contract Act
The American Bankers Association and a coalition of financial trade groups wrote in support today of the Adjustable Interest Rate ...
BAFT, Trade Finance Groups Publish Report on Effects of Libor Transition
With the transition away from Libor now well underway, BAFT, the American Bankers Association subsidiary association for international transaction banking, ...
