What does the end to LIBOR mean for banks?
MONEY FM 89.3 - Prime Time with Howie Lim, Rachel Kelly & Finance Presenter JP Ong
English - February 14, 2019 07:22 - 11 minutes - 10.5 MBInvesting Business News Business News Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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The London Interbank Offer Rate (LIBOR) is set to be scrapped in 2021, and banks across the world will have to find new ways to price trillions of dollars in financial instruments. Gary Mellody, EY’s ASEAN Financial Services Risk Advisory Leader, tells us why this is a big deal.
See omnystudio.com/listener for privacy information.
The London Interbank Offer Rate (LIBOR) is set to be scrapped in 2021, and banks across the world will have to find new ways to price trillions of dollars in financial instruments. Gary Mellody, EY’s ASEAN Financial Services Risk Advisory Leader, tells us why this is a big deal.
See omnystudio.com/listener for privacy information.