YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
The London Interbank Offered Rate is winding down.
Libor, which has underpinned pricing derivatives and loans for four decades, will no longer hole that role. The rate reportedly is tied to $265 trillion worth of contracts globally.
Banks have spent around $10 billion preparing for the end of Libor, according to an estimate by management consultancy Oliver Wyman.
Read more from Seeking Alpha.
This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.
Longtime employee sues Ozarks Tech, alleges retaliation
Cavender’s opens hat shop in southeast Springfield
Caterpillar to acquire John Fabick Tractor Co.
Eric Schmitt introduces Modern Skies Act
Springfield airport to cut the ribbon on $35M in construction projects
Legacy Bank accused in lawsuit of failing to protect customers in data breach