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Libor legal fix for phase-out hits hurdle in Congress tax spat

U.S. legislation designed to protect trillions in assets from chaos when global regulators phase out the interest-rate benchmark Libor is being held up in the House.

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Libor legal fix for phaseout hits hurdle in Congress tax spat

U.S. legislation designed to protect trillions of dollars of assets from chaos when global regulators phase out the interest-rate benchmark Libor is being held up in the House, over a dispute involving tax-related language, according to lawmakers and congressional aides.

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JPMorgan's Seal of Approval Gives Huge Boost to Libor's Replacement

(Bloomberg) -- As finance milestones go, what happened Tuesday in the U.S. leveraged-loan market isn’t going to catch fire in the public consciousness. This is not the Dow Jones Industrial Average hitting some five-digit number for the first time.

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JPMorgan's seal of approval gives huge boost to Libor's replacement

The announcement of a new loan marketed by JPMorgan Chase and tied to the Secured Overnight Financing Rate raises hopes that the leveraged-loan market is finally making a real attempt to ditch Libor.

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JPMorgan's seal of approval gives boost to SOFR

JPMorgan's seal of approval gives boost to SOFR
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Meet Mary Mulligan, lawyer for indicted Trump financial chief

Meet Mary Mulligan, lawyer for indicted Trump financial chief
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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