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        2,423 results found

        1. 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.

        2. 5 ways manufacturers can embark on their AI journies
          The manufacturing industry has reached a stage where both the technology and the mindset exist to embrace real, practical applications of AI and create tangible value on the factory floor.
        3. 4 Ways Women Can Win with the SECURE Act
          While women have historically done better than men in the stock market by about 0.4% per year, they are undeniably in a worse position when it comes to retirement security. This disadvantage stems from fewer years spent in the workforce, longer life expectancy, the wage gap and less access to workplace retirement plans
        4. 3 retention strategies as employers realize ‘back to work doesn’t work’
          As companies realize that back to work might not work, they are scrambling to come up with strategies to mitigate high turnover rates.
        5. Upskilling Your Employees: Top 10 Benefits
          Let’s have a quiz: if you had just one skill to equip your employees with, what would that be? If your response was something like: “I want my employees to master X software,” you might want to reconsider. Because a new, more shiny app could replace that software tool in less than six months from now, and your wish wou
        6. Investment Management
          Old National Wealth Management investment team provides highly qualified and specialized investment services for high-net-worth individuals.
        7. Our Commitment to Community
          Old National believes in strengthening the neighborhoods where our clients and team members live and work. We are only as strong as the communities we serve.
        8. Wealth Management Services
          Old National Wealth Management specializes in managing money for people with more important things to manage. Talk to us for unparalleled wealth management services.
        9. Inclusion
          Inclusion is one of our core values. We welcome diverse backgrounds, perspectives and talents. We thrive because of the contributions of all our team members.
        10. Bill Pay with Digital Banking
          Old National Bill Pay, available with Digital Banking, lets you securely send payments online, for your credit card, cell phone, mortgage, utilities and more.