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NatWest in new Libor transition push as COVID-19 slows customer switch over - Metro US
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LONDON (Reuters) – Britain's NatWest Group has kicked off a campaign encouraging customers to dump the discredited Libor lending rate, as the coronavirus pandemic slows the pace at which borrowers are shifting to alternatives. The lender is writing to 3,500 companies to explain how delays in switching could increase the volatility of their borrowing […]
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