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People moves: Former JP Morgan chief gets adviser role at Connected

People moves: Former JP Morgan chief gets adviser role at Connected
ipe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ipe.com Daily Mail and Mail on Sunday newspapers.

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Libor is ending, and corporates need to know their options


Risk.net
Libor is ending, and corporates need to know their options
Banks must speak to Main Street now if US Libor transition is to succeed, argue ARRC working group leaders
Risk.net montage
19 Jul 2021
In the six months Libor has left, thousands of Main Street borrowers face a critically important choice: what rate to use in place of the outgoing benchmark?
As things stand, most borrowers are aware of the need to transition. Many have a preference for a replacement that is based upon the secured overnight financing rate, or SOFR – the officially endorsed successor to US dollar Libor – rather than one of the credit-sensitive alternatives that could see the cost of borrowing climb at times of stress. But the majority have not yet been approached by their banks to discuss the available options in detail, or to thrash out transition plans. ....

United States , United Kingdom , Tom Deas , Tom Hunt , Tom Quaadman , United Kingdom Financial Conduct Authority , National Association Of Corporate Treasurers , United States Chamber , Association For Financial Professionals , Financial Corporates Working Group , Reference Rates Committee , Main Street , Alternative Reference Rates Committee , Non Financial Corporates Working Group , National Association , Corporate Treasurers , Financial Professionals , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , டோம் தேங்ஸ் , டோம் வேட்டை , ஒன்றுபட்டது கிஂக்டம் நிதி நடத்தை அதிகாரம் , ஒன்றுபட்டது மாநிலங்களில் அறை , சங்கம் க்கு நிதி ப்ரொஃபெஶநல்ஸ் , குறிப்பு ரேட்ஸ் குழு , பிரதான தெரு ,