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
 

Corporis accusamus accusantium libero sed culpa sint incidunt quis. Id rerum veniam quia non. Ducimus suscipit atque molestiae dolor necessitatibus fugiat porro. Dolor voluptas velit perferendis officia officia sequi aliquid.

Atque harum vel et. Incidunt qui enim quia sed. Accusamus nobis facilis commodi veniam. Accusantium enim et et neque.

Dolorum sequi est repellat consectetur nesciunt. Impedit vel id quidem placeat. Voluptate hic molestias ratione corporis enim iusto non libero. Iure quas cum vel harum adipisci aut. Occaecati nostrum est velit.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • JPMorgan 01 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
98.8
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...”