New York Fed Launches Alternative to Libor
The new SOFR interbank lending rate is "going to be based on a very, very robust set of transactions" and could eventually replace Labor.
CFOs’ Top Goal for 2017: Better Analysis and Reporting
Ninety percent of CFOs surveyed say they should be doing more with the financial and operations data they have at hand.
Citibank Fined $425M in Rate-Rigging Cases
U.S. regulators allege Citi manipulated key swaps and interest rate benchmark to benefits its own trading positions.