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Libor Global Economy

Crunched Credit

The Impalpable Reality of Bad News

Crunched Credit on

Why am I still shocked that bad news gets no respect these days?  No, I’m serious.  It seems it doesn’t really matter when business, political or economic news stinks up the joint.  The gestalt teases out a good news...more

Dechert LLP

Global Private Equity Newsletter - Winter 2020 Edition: Giving Birth to SOFR — LIBOR Pains?

Dechert LLP on

The process of identifying and implementing a new benchmark rate of interest to replace LIBOR for U.S. Dollar-denominated loans is underway. On account of the widely reported charges of manipulation in connection with the...more

A&O Shearman

UK Financial Policy Committee Issues Summary of UK Financial System

A&O Shearman on

The U.K. Financial Policy Committee has issued a summary of the resilience of the U.K. financial system to potential economic shocks and the vulnerabilities it faces. The summary follows the FPC’s meeting on October 2, 2019,...more

Robins Kaplan LLP

Your Daily Dose of Financial News

Robins Kaplan LLP on

Theranos founder and ex-CEO Elizabeth Holmes has been indicted on federal fraud charges along with former company president Ramesh Balwani.  The charges come three months after Holmes settled civil charges with the SEC....more

Vedder Price

Global Transportation Finance Newsletter - June 2017

Vedder Price on

So, what is LIBOR? LIBOR—the London Interbank Offered Rate—is one of the most ubiquitous benchmarks for determining short-term interest rates in bank (and other) lending. LIBOR rates are short-term fixed rates quoted for...more

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