November 07, 2019 at 09:06PM

In an interview with MarketWatch published today, FDIC Chairman Jelena McWilliams expressed concern that banks are continuing to originate loans with contracts tied to the London Interbank Offered Rate, despite the fact that the rate is not guaranteed to be available after 2021.

The post McWilliams Expresses Concern about New Loans Tied to Libor appeared first on ABA Banking Journal.

via ABA Banking Journal http://bit.ly/2Np6B78

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