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Moody’s Warns of Credit Risks From Struggle to Replace Libor

June 30, 2020, Bloomberg Law

Anne Termine is quoted in Bloomberg Law regarding the increased credit risks within the global financial system due to the slow progress in replacing Libor. Ms. Termine says, “Libor was beautiful in its simplicity because you had one type of rate structured one way to be applied across multiple currencies. There are no easy answers.”

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