Our Two Cents with MBA
Join us at the Missouri Bankers Association as we invite guests from across the banking industry to engage in informative and thought provoking conversations. We'll discuss a wide variety of critical topics, including legislative priorities, regulatory updates, major technology trends, attracting and retaining talent, and much more.
Our Two Cents with MBA
The LIBOR Transition - Alternative Reference Rates and Banks
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Missouri Bankers Association
In this episode, we speak with Chris Rockers, a Partner at Husch Blackwell, about the upcoming LIBOR transition. New business will have to be written using an alternative reference rate after December 31st, with the leading candidate being SOFR. This issue has remained somewhat under the radar due to COVID and economic recovery efforts, but it represents a major shift for our financial system. Regardless of the size or geographic region of your bank, you must ensure that you are aware of where you have LIBOR exposure and have a plan in place to address it.