Matt Levine, Columnist

Libor Is Going Away for Real

Also a Banksy NFT, cancel culture, Goldman partners, electricity trades, Curve, Alkuri and GameStop.

March 8, 2021 at 12:27 PM EST

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

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I guess they were serious about that, huh:

Here is the FCA’s announcement, and here is one from Intercontinental Exchange Inc., which actually administers Libor. And here are two announcements—“LIBOR Cessation and the Impact on Fallbacks” and “ISDA Statement on UK FCA LIBOR Announcement”—from the International Swaps and Derivatives Association, which administers the market for interest rate derivatives.

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