Changing the "most important number in the world"

The LIBOR rate (London Interbank Offered Rate) is one of the most important numbers in finance, which helps to calculate the returns for various securities. But it is to be phased out by 2021, owing to inherent weaknesses in the number. So how do you guys think that they will be calculating their benchmark rates? Maybe they will use similar figures from the US Fed? Or maybe a weighted average of borrowing rates of the major banks in the world ?

1 Comments
 

Sint minus nostrum soluta rerum distinctio quod. Cum pariatur qui amet doloribus. Tenetur libero sint quo debitis iusto maiores voluptatem ut. Id nesciunt explicabo molestias eius ut veniam. Quis occaecati in necessitatibus dolorem fugit eligendi rerum.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”