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 ...
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. Now seen as ...
Mortgage lenders are preparing for the end of LIBOR, which is set to be phased out by the end of 2021. Financial institutions have been searching for alternatives since regulators in the United ...
Typically, US dollar Libor jumps during times of market stress, and/or when the US Federal Reserve tightens monetary policy. However, Invesco Fixed Income believes the recent increase in Libor is due ...
I'm not one normally for bloodcurdling predictions of imminent doom for most economic decisions and actions are going to have only marginal effects at that margin. A higher minimum wage is going to ...
Josh Galper is the managing principal of Finadium, an independent consultancy in capital markets with unique expertise in securities, finance, collateral, and derivatives. He joins the show today to ...
Before I interviewed for my investment-banking job at Citigroup, I called an acquaintance in the finance industry for advice. I had gained the interview by way of nepotism and was given little time to ...
The Libor index is going away. For U.S. consumers, its demise is most likely to be felt in adjustable-rate mortgages. So-called ARMs—where the interest rate rises and falls with broader indexes—are ...
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 ...
Libor, the London Interbank Offered Rate, is being phased out by lenders — and that could mean a change in the interest rates paid by millions of existing home mortgage borrowers in the U.S., if the ...