Our Financial Services & Products Group discusses the status of the financial industry’s transition away from LIBOR, including the final rule identifying replacement benchmarks that was recently ...
The London Interbank Offered Rate, or LIBOR—one of the most widely-recognized interest rate benchmarks of the past 37 years—will officially be retired today. The London Interbank Offered Rate, or ...
US Dollar London InterBank Offered Rate (LIBOR) had been considered the world’s most important number, as it was utilized in hundreds of trillions of dollars of financial instruments worldwide.