MEMBER HIGHLIGHT - SER member James Kyprios published an article titled "LIBOR: The Most Important Number in the World Is Going Away." The commentary, originally published here in LA Progressive, is a primer with historical background on LIBOR (London InterBank Offered Rate), and a discussion of whether SOFR (Secured Overnight Funding Rate) will be the appropriate replacement rate. Mr. Kyprios has over 50 years experience in corporate finance and corporate banking both domestic and international, having worked at DZ Bank (Germany), Union Bank of Finland, American Scandinavian and M&T Bank. You can find other articles written by Mr.Kyprios on his website.
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