In an interview with the Financial Times, Takeshi Kunibe said the Japanese Bankers Association would set up a committee of specialists to consider the future of the Tokyo interbank offered rate.
http://link.ft.com/r/8P1R88/
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Monday, April 1, 2013
Japanese bank lobby to rethink Tibor
Japanese bank lobby to rethink Tibor
The new head of Japan’s banking lobby has vowed to find ways to improve
the reliability of the domestic lending benchmark known as Tibor, in
the wake of a global scandal over the manipulation of other key rates
underpinning hundreds of trillions of dollars of loans and derivatives.
In an interview with the Financial Times, Takeshi Kunibe said the Japanese Bankers Association would set up a committee of specialists to consider the future of the Tokyo interbank offered rate.
http://link.ft.com/r/8P1R88/
In an interview with the Financial Times, Takeshi Kunibe said the Japanese Bankers Association would set up a committee of specialists to consider the future of the Tokyo interbank offered rate.
http://link.ft.com/r/8P1R88/
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