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'No Excuses' For Dragging Feet On Libor, OCC's Hsu Warns

By Al Barbarino (October 26, 2021, 6:13 PM EDT) -- The acting head of the Office of the Comptroller of the Currency warned Tuesday that banks had "no excuses" for complacency urrounding the discontinuation of the Libor, or London Interbank Offered Rate, adding to the cacophony of government voices who are warning financial institutions about the benchmark's imminent demise. ...

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