US banks grapple with post-Libor consent solicitations

Thomas Helm

February 17, 2020

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Litigation is a major risk for US firms because of the 100% consent threshold required for amendments to many contracts. Bankers and their advisors explain how they are working to minimise the damage

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Thomas Helm

Financial journalist

Thomas has worked for a variety of media outlets, including Kashmir Observer, La Vanguardia, and Hürriyet Daily News. His long report "The Accumulative Impact of Post-Crisis Regulation" was the first journalistic attempt to survey the impact of post-2008 reforms on financial markets. He is currently focused on Brexit, Mifid II, market structure issues, and sustainable finance.