Benedict James speaks to Bloomberg TV about the health of the financial system

On 20 December 2019, Benedict James spoke to Bloomberg TV about the health of the financial system. On LIBOR he cautioned against underestimating the challenges of transition, the scale of change and what it means for legacy contracts.

“The financial system is genuinely safer (than it) was 10 years ago. This is a success story for the regulators, governments and banks themselves.”

Watch what Benedict had to say on the topic. (19:26 to 23:35)