June 30 th has passed and one-, three- and six-month USD LIBOR settings have ceased to be published. As confirmed by the FCA on 3 April 2023, the ICE Benchmark Administration (IBA) has begun ...

RIVERWOODS, Ill.--(BUSINESS WIRE)-- Discover Financial Services (NYSE: DFS) and Discover Bank (collectively “Discover”) have certain outstanding preferred stock and debt securities, listed in this ...

MEMPHIS, Tenn., April 25, 2023 /PRNewswire/ -- First Horizon Corporation (FHN) (NYSE: FHN or "First Horizon") today announced that, after June 30, 2023, US dollar LIBOR will be replaced with CME Term ...

CHARLOTTE, N.C., June 26, 2023 /PRNewswire/ -- Bank of America Corporation ("BAC") (NYSE: BAC) and BofA Finance LLC ("BofA Finance") have issued and outstanding certain debt securities and ...

The Financial Stability Board has urged market participants to act promptly to ensure that their USD LIBOR-linked contracts are transitioned to a new reference rate by the end of June deadline. With ...

LONDON (Dow Jones)--The cost of borrowing longer-term U.S. dollars in the London interbank market continued to fall Thursday, hitting its lowest rate since the British Bankers' Association first ...

LONDON (Dow Jones)--The cost of borrowing longer-term U.S. dollars in the London interbank market dropped further Tuesday as term funding pressures eased, with the three-month rate marking its lowest ...

Any reference to a specified source for USD LIBOR shall be replaced with the publication of the applicable Board-selected benchmark replacement (inclusive of the applicable tenor spread adjustment) by ...