libor

Libor deal commences rehabilitation of benchmark

It looks like a New York takeover but efforts to reform the scandal-tainted Libor rate-setting process are to remain closer to home.

At face value it appears a UK government decision to hand over responsibility to NYSE Euronext is an acceptance that it could no longer monitor a benchmark that has become a key part in London’s status as a centre for global trade.

The transatlantic exchanges operator, already predominantly a US company, is set for a change of control in coming months with the finalisation of a $10bn cash-and-shares takeover by IntercontinentalExchange, the US derivatives exchanges group.

您已阅读12%(607字),剩余88%(4262字)包含更多重要信息,订阅以继续探索完整内容,并享受更多专属服务。
版权声明:本文版权归manbetx20客户端下载 所有,未经允许任何单位或个人不得转载,复制或以任何其他方式使用本文全部或部分,侵权必究。
设置字号×
最小
较小
默认
较大
最大
分享×