A replacement for Libor
This week the banking team discuss the replacement of the scandal-plagued libor benchmark rate, which could happen as early as next year. Camilla Hall reports from Dubai to discuss banking in the Middle East and the US criminal probe into whether Barclays made improper payments in Saudi Arabia. Finally, the team discuss the financial wellbeing of the Co-op Bank as Moody\u2019s downgrades its credit rating to \u201cjunk\u201d
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