‘Time to Act Is Now,’ BOE Tells Firms Clinging to Tainted Libor
- Unprepared companies face regulatory, commercial risk, says EY
- ‘There is an amount of inertia,’ according to ING’s Bouvet
A city worker walks in view of the Bank of England (BOE) in London.
Photographer: Jason Alden/BloombergThis article is for subscribers only.
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The Bank of England has a message for financial businesses exiting the scandal-plagued Libor benchmark: Get moving.