Britain to scrap Libor rate benchmark from end-2021

LONDON (Reuters) - A substitute for the widely-used Libor interest rate benchmark should be in place for banks to use by the end of 2021, the head of Britain's financial markets watchdog said.

from Reuters: Top News http://uk.reuters.com/article/uk-britain-regulator-libor-idUKKBN1AC147?feedType=RSS&feedName=topNews