26.10.2021 - (All amounts in U.S. dollars.Per share information based on dilutedshares outstanding unless otherwise noted.) TORONTO, Oct. 25, 2021 (GLOBE NEWSWIRE) - Celestica Inc. (TSX: CLS) (NYSE: CLS), a leader in design, manufacturing and .
Celestica Announces Second Quarter 2021 Financial Results wallstreet-online.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wallstreet-online.de Daily Mail and Mail on Sunday newspapers.
ADVERTISEMENT
ADVERTISEMENT
FCA Sees Role For Synthetic Libor As Firms Take Fallbacks
Law360, London (January 26, 2021, 3:58 PM GMT) The Financial Conduct Authority said Tuesday that 12,500 companies have signed up to a new protocol set out by an international standards-setting body to help lenders move away from Libor, which is being phased out after a series of scandals.
The City watchdog said of the number of companies that had signed up to the International Swaps and Derivative Association s so-called fallback protocol, approximately 10,000 were from the U.S. and 450 were from Britain.
The measure will mean that contracts that refer to the tarnished Libor rate are automatically converted to an alternative risk-free benchmark rate, such as the Sterling Overnight.