Speculation mounts about future of Libor

03/13/2012 | Bloomberg

Investigations into possible manipulation of the London Interbank Offered Rate are sparking speculation that changes are likely. "The methodology used to formulate Libor is totally unsuitable for the modern world," said Daniel Sheard, chief investment officer of GAM U.K. "The British Bankers' Association needs to come out on the front foot and say, 'This is a system that was appropriate 20 years ago but is no longer appropriate, and we are going to change it.' "

View Full Article in:

Bloomberg

Published in Briefs:

SmartBrief Job Listings for Business

Job Title Company Location
Vice President, Science and Regulatory Affairs
American Beverage Association
Washington, DC
Director - Career Services
The Culinary Institute of America
Hyde Park, NY
Vice President, HEDIS & Performance Outcomes
CareSource
Dayton, OH
Director of Contracting and Compliance
CareFirst BlueCross BlueShield
Multiple Locations, MD