Marcus Morton, Managing Director in Duff & Phelps’ Valuation Advisory practice, was recently quoted in a Euromoney article titled, “Libor: Is benchmark reform back on track?”
In a previous conversation with Euromoney, Marcus had mentioned that if the transition process had been "deprioritized to the point where we get to September, and nothing further has been done," then firms would find it challenging to transition effectively. It has now become clear that the transition away from Libor, planned for the end of the third quarter, was unfeasible.
Subscribers of Euromoney can read the full article here.
