Financial Services Financial Services

'Zero chance' Libor replacement will be phased out, says BOE's markets lead

By Fiona Maxwell
  • 18 Sep 2020 06:57
  • 21 Sep 2020 07:36
Financial services market participants shouldn’t fear that the replacement for Libor will go the same way as the disgraced interest-rate benchmark, the Bank of England’s executive director for markets said today.
Andrew Hauser's comments come as the market faces a key milestone — the transition from Libor, or the London Interbank

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Fiona Maxwell

Senior Correspondent


Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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