View Full Version : FT Article Question: Libor moving
mpeara
Jul 10, 2013, 03:11 AM
With Libor moving to NYSE what are the benefits/negatives, if any, to the US markets? And what are the benefits/negatives to the UK/European markets?
mpeara
Jul 10, 2013, 03:12 AM
Ben van Beurden is taking over as chief at Royal Dutch Shell, succeeding Peter Voser. What movements are most likely to occur to its stock price as well as others in the same industry?
Curlyben
Jul 10, 2013, 03:12 AM
What do YOU think ?
While we're happy to HELP we won't do all the work for you.
Show us what you have done and where you are having problems..
J_9
Jul 10, 2013, 03:15 AM
What do you think? We've done our homework, we aren't going to do yours.
mpeara
Jul 10, 2013, 03:20 AM
What do YOU think ?
While we're happy to HELP we wont do all the work for you.
Show us what you have done and where you are having problems..
I am primarily confused by the need to move it at all. While, is was tampered with in the UK to show incredibly low rates, the UK banks were influenced heavily by international movements and external sources. Moving it won't change the likelihood of another scandal.
However, given the increase in banking regulations and maybe a slight change of heart in the U.S. among members in banking for fear of another recession it might actually benefit from the move to NYSE.
I am just curious to see if there are any economic implications from moving it? I can't think of any since no matter where it is located the job will be performed the same, unless regulations, which I am unaware of will effect it.
I am not asking for homework. I am simply trying to learn more and expand my understanding of economics as I am starting to get involved in the business world.