The new SOFR interbank lending rate is "going to be based on a very, very robust set of transactions" and could eventually replace Labor.
Ninety percent of CFOs surveyed say they should be doing more with the financial and operations data they have at hand.
U.S. regulators allege Citi manipulated key swaps and interest rate benchmark to benefits its own trading positions.
The results can be meaningless or misleading — or both.
