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        2,125 results found

        1. How ESG could transform insurance into a more sustainable sector
          Data scientists and software developers around the globe recognize Hello World as a common way programmers are introduced to coding in a new language.
        2. Profile: Old National Bank’s New Financial Institutions Group Leverages SWIFT Capabilities
          In banking and finance, where the only constant is change, Old National stands out with its new Financial Institutions Group
        3. Steps You Need to Take When Expanding Your Business Internationally
          The rise of globalization and technological advances have enables many small business owners expand their business internationally, which they could not even think about in the past. Now they can sell to people in any corner of the world by merely establishing website, listing their products and utilizing services of t
        4. Entrepreneurs Share 7 Smart Reasons They Use Business Credit Cards
          A business credit card can be much more than a convenient way to pay for purchases. These cards can also provide lucrative rewards, superior fraud protection, and smooth out cash flow. According to the Federal Reserve’s 2019 Small Business Credit Survey, 52% of firms with 1 to 499 employees use credit cards on a regula
        5. SBA Financing: A Guide for Small Businesses
          SBA Financing: A Guide for Small Businesses Understanding the Benefits and Process. SBA loans are designed to assist small businesses
        6. Old National Welcomes Cadre of 2024 Summer Interns
          On June 10th, 38 interns began their 10-week summer internships with Old National Bank. The interns are spread out through various departments in
        7. 7 Easy Ways to Improve Your Credit Score Right Now
          Whether you’re looking ahead to a brighter future or still feeling a financial blow from the pandemic, it’s a good time to take a look at your credit score and find ways to improve it. A higher credit score can help you qualify for better interest rates on all sorts of loans, from mortgages to credit cards. On the othe
        8. What Happens to Your Retirement Plan When You Switch Jobs
          When switching jobs, there are a number of considerations for what to do with the money in your previous retirement plan.
        9. Sandwich generation: How do you decide whose needs come first?
          Squashed, spread too thin, nothing left. This is not how you want your lunch described, but for those who are part of the “sandwich generation,” these descriptions are all too accurate.
        10. Why is LIBOR being discontinued?

          LIBOR was introduced in the 1980’s as a benchmark interest rate that was intended to reflect banks’ average cost of short-term, wholesale unsecured borrowing. Over time, and particularly during the financial crisis that began in 2007, banks became less and less reliant on inter-bank lending. As a result, the number and dollar volume of transactions from which LIBOR was derived declined dramatically. To make up for this shortfall, LIBOR panel banks resorted to using “expert judgment” when submitting various rates used in calculating LIBOR. This left it susceptible to manipulation and fraud.

          In 2017, the UK Financial Conduct Authority (FCA), the regulator for LIBOR, announced that after December 31, 2021, the panel banks would no longer be required to submit settings for LIBOR. (This has since been revised to June 30, 2023, for most LIBOR tenors.) This announcement effectively started the countdown to the end of LIBOR.