SOFR

Citi consumer unit stumbles; SOFR surge could be a bad sign

04/01/19

The flagship division is on course to miss next year’s financial projections; Investors may be using SOFR swaps as a hedge against expected volatility.

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BofA’s role in Bramson’s Barclays push; CFPB sees rise in elder fraud

02/28/19

Bank’s involvement and complex financing draw ire of Barclay shareholders; banks report financial deceit by those who know seniors.

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Jury out on SOFR; Bowman advocates for community banks

02/12/19

The possible replacement for Libor's volatility raises concern about its viability; new Fed governor says community banks punished for crisis the did not cause.

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Libor is going dark in 2021, and some banks aren’t ready

12/30/18

An effort to increase awareness of the transition to a new benchmark rate, and nudge banks to start preparing, is expected to intensify in 2019.

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What’s keeping chief risk officers up at night

11/02/18

Heightened competition from nonbanks, the rise of populism and the uncertainty surrounding Libor’s demise are just some of the short- and long-term threats facing big banks, risk executives say.

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Uneasy transition: Banks prepare for Libor’s demise

05/28/18

The London interbank offered rate will likely be replaced by a new reference rate that critics say is better suited for the derivatives market than it is for commercial lending.

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