Britain's NatWest Group has kicked off a campaign encouraging customers to dump the discredited Libor lending rate, as the coronavirus pandemic slows the pace at which borrowers are shifting to ...

A crucial milestone for moving contracts worth trillions of dollars from the tarnished Libor interest rate won't take place until mid-January, some months later than previously indicated, an industry ...

As if they didn’t have enough to deal with, banks are faced with a succession of serious challenges over the next two years as they face up to the reality of the end of Libor. Firstly, they must ...

As if lenders didn’t have enough to deal with these days with the deluge of borrower requests for forbearance and payment relief, they continue to face a ticking clock on the transition away from ...

On Thursday, the risk-free rate working group at the Bank of England published its priorities for the transition away from Libor to Sterling’s risk-free replacement interest rate, Sonia. Making a firm ...

(Bloomberg) -- The biggest issuers of bonds tied to the benchmark tapped to replace U.S. dollar Libor are suddenly pulling back. That’s a potential blow to efforts by regulators to wean America’s ...

NEW YORK, July 10, 2025--(BUSINESS WIRE)--Capitolis, the financial technology company, announced today that it has successfully completed its run of multilateral exercises to transition legacy USD ...

LIBOR set interest rates for trillions of dollars in loans for over 30 years. Banks manipulated the rate because it relied on estimates rather than real transactions. A new system called SOFR replaced ...

WILMINGTON, Del., June 05, 2023 (GLOBE NEWSWIRE) -- Navient (NAVI), a leader in technology-enabled education finance and business processing solutions, announced that it plans to transition ...

The US Justice Department is conducting a criminal antitrust investigation into whether some investors in collateralized loan obligations colluded to bolster their positions as markets transitioned ...

In a sweeping decision that closes one of the most high-profile financial cases of the past decade, U.S. District Judge Naomi Reice Buchwald has dismissed all remaining claims in the Libor-rigging ...